Elements of Microeconomics
3.0
creditsAverage Course Rating
An introduction to the economic system and economic analysis, with an emphasis on demand and supply, relative prices, the allocation of resources, and the distribution of goods and services. It covers the theory of consumer behavior, the theory of the firm, and competition and monopoly, including the application of microeconomic analysis to contemporary problems. The course includes lectures twice a week, each 75 minutes, and a TA session once a week for 50 minutes. The TA session is highly recommended, and attendance in both the lecture class and TA section is crucial for a better performance in the course. Students must check the dates and times of the TA sections before registering for a particular section.