Time: MWF, 11:00-11:50, Room: PAC 107
= old E271)
This course considers resource allocation by the market mechanism. It examines consumer and firm behavior, the price system and market structures, and the composition and distribution of national output. General equilibrium and an introduction to welfare economics are also addressed.
The required textbook for this course is Hal Varian, Intermediate Microeconomics: A Modern Approach
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