Catalog Course Description

This course introduces students to the main tools and concepts of microeconomics. These tools and concepts will serve as a foundation for many upper level economics courses. Topics covered include consumer theory, producer theory, equilibrium in a competitive market, monopoly, general equilibrium, and asymmetric information. This course makes use of calculus. Topics covered are similar to those in 101A.

Summer Term

6 hours of Instructor presentation of course materials per week and 15 to 12.5 hours of Outside Work Hours per week and 1.5 to 4 hours of The exchange of opinions or questions on course material per week.

Spring Term

3 hours of Instructor presentation of course materials per week and 8 to 7 hours of Outside Work Hours per week and 1 to 2 hours of The exchange of opinions or questions on course material per week.

Fall Term

3 hours of Instructor presentation of course materials per week and 8 to 7 hours of Outside Work Hours per week and 1 to 2 hours of The exchange of opinions or questions on course material per week.