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ECON 34000 - Intermediate Microeconomic Theory |
Credit Hours: 3.00. This course provides students with the techniques needed to model and analyze the behavior of individual economic agents. It introduces a variety of techniques that will allow students to solve business problems and make informed personal economic decisions. The course covers topics from consumer behavior and demand, decisions under uncertainty, production and cost, factor demand, market structure, pricing strategies, and strategic behavior. This is an upper-division economics course required for all economics majors and it serves as a foundation for higher level elective courses in economics. Typically offered Fall Spring Summer.
3.000 Credit hours Syllabus Available Levels: Undergraduate, Graduate, Professional Schedule Types: Distance Learning, Lecture Offered By: School of Management Department: School of Mgmt Adm & Instr Course Attributes: S General Education, Upper Division May be offered at any of the following campuses: West Lafayette Learning Outcomes: 1. Analyze the means by which individuals and firms make rational choices when demanding and supplying goods and services. 2. Describe the equilibrium outcomes of individuals and firms interacting in markets. 3. Evaluate market outcomes in terms of economic efficiency. 4. Practice analytical and quantitative reasoning skills. 5. Identify and describe the management and pricing strategies of competitive, monopolistic, monopsonistic, and oligopolistic firms. Restrictions: Must be enrolled in one of the following Majors: Accounting Actuarial Science Advanced Accountancy Actuarial Science Honors Economics Honors Economics Finance General Management IM/Analytical Consulting IM/Computer Science IM/Data Analytics IM/Economics IM/Economics Honors IM/Engineering IM/Financial Engineering IM/Mgmt Info Systems IM/Manufac & Svc Operations IM/Operations Management IM/Quantitative Methods IM/Science IM/Sci, Tech, Engr & Math Industrial Management Management Marketing IM/Oper & Supply Chain Mgmt Supply Chain Info & Analytics Strategy & Organiz Mgmt Prerequisites: (Undergraduate level ECON 25100 Minimum Grade of C- or Undergraduate level ECON E1030 Minimum Grade of C- or Undergraduate level ECON E2010 Minimum Grade of C- or Undergraduate level AGEC 20300 Minimum Grade of C- or Undergraduate level AGEC 20400 Minimum Grade of C-) and (Undergraduate level MA 16010 Minimum Grade of C- or Undergraduate level MA 16100 Minimum Grade of C- or Undergraduate level MA 16500 Minimum Grade of C- or Undergraduate level MA 22300 Minimum Grade of C-) |
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