3.0

credits

Average Course Rating

Explores the core topics of microeconomics including: the theory of the consumer, theory of the firm, market equilibrium, and monopoly. Provides students with a graduate level introduction to economic theory while reviewing mathematical concepts and techniques. Utilizes calculus to determine first order conditions for utility maximization, cost minimization, profit maximization, and linear algebra to identity equilibrium. Fosters a greater understanding of how consumers and firms make decisions and how they interact in the market place.