Descriptif

Prerequisites: ECO101, ECO102
Intermediate Microeconomics
(ECO201) focuses on the study of
consumer and producer decisions and
interactions. It also introduces the
students to decision-making under
uncertainty and basic portfolio
theory, market equilibrium and
general equilibrium of the economy,
monopolistic and oligopolistic competition
among firms and other forms of strategic
interaction studied in Game Theory.
Additional issues are reviewed, including
conditions for market efficiency, public
goods, the effect of strategically used
private information, market failures and
their remedies, etc.
Textbook:
❯ Intermediate Microeconomics: A Modern
Approach by Hal R. Varian.