Oct 21, 2019  
ARCHIVED 2015-16 SA&S Crete Campus Catalog 
    
ARCHIVED 2015-16 SA&S Crete Campus Catalog [ARCHIVED CATALOG]

ECO 304 - Intermediate Microeconomics (3)


An examination of the theory of individual consumer behavior and the theory of the firm. Students successfully completing this course will be able to: 1) use indifference curve analysis to understand utility maximization; 2) explain cost theory and use production isoquants in microeconomic analysis; 3) discuss the theory of the firm in competition, monopoly, and oligopoly; and 4) explain the functioning of resource markets.

Prerequisite: ECO 204 .
Offered even fall terms.