Middlebury Institute of International Studies at Monterey

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ECON0255B-S11

Micro Theory

Microeconomic Theory
Microeconomic theory concentrates on the study of the determination of relative prices and their importance in shaping the allocation of resources and the distribution of income in an economy. We will study the optimizing behavior of households in a variety of settings: buying goods and services, saving, and labor supply decisions. We will also examine the behavior of firms in different market structures. Together, the theories of household and firm behavior help illumine contemporary economic issues (discrimination in labor markets, mergers in the corporate world, positive and negative externalities, for example). (MATH 0121, ECON 0150 and ECON 0155) (There will be four sections offered: two in the fall; two in the spring.) 3 hrs. lect.
Course Reference Number (CRN):
20952
Subject Code:
ECON
Course Number:
0255
Section Identifier:
B

Course

ECON 0255

All Sections in Spring 2011

Spring 2011

ECON0255A-S11 Lecture (Chavanne)
ECON0255B-S11 Lecture (Sommers)