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PPOL-501 INTRODUCTION TO MICROTHEORY

PPOL-501 INTRODUCTION TO MICROTHEORY
Fall only
In this course we examine the theory of the consumer and the theory of the firm under a variety of market structures. Throughout the course we study the concepts of opportunity cost, marginal analysis, economic incentives, efficiency, and market power; and apply them to public policy issues.
Credits: 3
Prerequisites: None
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