ECO-302 Intermediate Microeconomic Theory
This course deals with the formulation of microeconomic theories and their application to the analysis of day-to-day economic problems of the firm. Key topics include models of monopolies, oligopolies and pure competition, utility functions and isoquants, empirical estimation of production, cost and demand functions, elasticities, pricing decisions and valuation of fringe benefits. Prerequisites: ECO 201, ECO 202.