ECON 401A
Microeconomic Theory
Description: Lecture, three hours. Limited to Master of Applied Economics students. Coverage of fundamentals of optimization, choices by price-taking agents, consumer and producer surplus, monopoly and competition, Walrasian equilibrium and two welfare theorems, constant returns to scale economy, choice over time, uncertainty, and information and market design. Letter grading.
Units: 4.0
Units: 4.0