ECO301 Intermediate Microeconomics

Lead Faculty: Dr. Wali I. Mondal

Course Description

Building on the principles of microeconomics, this course covers the market and the equilibrium including the budget constraint, revealed preference and inter-temporal choice; the industrial organization and profit maximization; game theory; welfare economics; information technology and asymmetric information.

Learning Outcomes

  • Analyze how equilibrium price and output are determined simultaneously with the market demand and market supply
  • Analyze revealed preference and inter-temporal choice
  • Evaluate the industrial organization and profit maximization
  • Evaluate the usefulness of game theory and its application
  • Analyze the tenets of welfare economics
  • Evaluate the impact of information technology and asymmetric information on our economy