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EC207 – Intermediate Microeconomic Theory

The relationship between economic theory and public policy is explored in Intermediate Microeconomic Theory, where students will learn how to apply the study of microeconomics to real life situations.

Photo courtesy of Flickr user <a href="https://www.flickr.com/photos/rednuht/" target="_blank">rednuht</a>.
Photo courtesy of Flickr user rednuht.

Instructor(s)

Associate Professor Aju Fenn email

Intermediate Microeconomic Theory is a general theory of pricing for both the product and factor markets within the different market structures of pure competition, monopolistic competition, oligopoly and monopoly; the economic behavior of: (1) the individual or the household; (2) the firm; (3) the industry; and (4) the economy as a whole. The relationship between economic theory and public policy is explored in this course.

Prerequisite: 150 (or 151 & 152) & MA 125 or 126