Microeconomic Theory
4.0
creditsAverage Course Rating
An introduction to the modern theory of allocation of resources, starting with the theories of the individual consumer and producer, and proceeding to analysis of systems of interacting individuals, first in the theory of exchange, then to systems which include production as well. A grade of C or higher is recommended in Elements of Micro (AS 180.102) and Elements of Macro (AS 180.101) to take this course.