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ECON 371 Microeconomic Theory

18 points. Semester 2.

Overview

A well-trained graduate in medicine can predict that a poorly chosen drug will lead to severe complications and knows why; a well-trained graduate in architecture can predict that a poorly designed building will be unpleasant to work in and knows why. Similarly, a well-trained graduate in economics should be able to predict that a poorly designed tax system will be costly to society or that competitive supply of insurance under adverse selection may be inefficient, and know why. Building on ECON 271, this paper provides the student with the tools of modern microeconomic analysis that characterise and distinguish economics as a discipline. It covers consumer and producer theory.

Paper coordinator

Murat Genç

Prerequisites

ECON 270 and ECON 271

Course Outline

For more information you can download the 2008 Course Outline in pdf format.

Course Related Materials

Other course related material for ECON 371 is available elsewhere on this website.

Other Course Related Materials

Lecture and Tutorial notes will be available on Blackboard. Use your student user name and password to log in.