Microeconomics is the study of how households and firms allocate scarce resources to competing ends. Students learn to use economic models and optimizing techniques to address a variety of decision-making processes, including consumer utility optimization and producer profit maximization in the context of competitive markets, monopoly, oligopoly, and monopolistic competition.
ECON 211 B1
Course Format Description
In person classes for those who prefer in person meetings and for the rest, lectures will be available synchronously via zoom meetings during designated class times. Lectures will also be recorded and posted later for everyone’s access. Office hours will be conducted preferably on zoom meetings.