Description

For consumers, choices are all around. Simultaneously, producers select their own input-output combinations. Consumer and producer behavior subsequently come together as demand and supply sides of a market. Starting with standard models of choice, students acquire knowledge and gain insight into economic theory and underlying methods. Topics include: consumer choice, firm supply, market demand, industry supply, elasticity, exchange of goods, etc.
Course period1/09/13 → …
Course levelDeepening
Course formatCourse