Nov 27, 2024  
ARCHIVED 2016-17 CAS Crete Campus Catalog 
    
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ARCHIVED 2016-17 CAS 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.