|Time||Days||Location||Instructor||GER||Credit||OPUS Class Number||Syllabus (Tentative)|
White Hall 102
Microeconomics is the study of individual choice in a world of limited resources. In particular, how markets allocate goods and services from firms to households via a price system. In this course, we introduce the basic tools of microeconomic analysis. The course covers how markets set prices, how and when markets fail, and the behavior of firms within a market. The focus of this course is to foster intuition of when and where these tools of analysis can be applied. The course uses in-class experiments, such as auctions, to develop intuition for economic systems.
Required Textbooks, Articles, and Resources
- Principles of Microeconomics. ISBN: 10: 0538453044 or 13: 9780538453042 .6th edition; South Western
The schedule of courses on O.P.U.S. is the official listing of courses, including days and times they meet and the General Education Requirements they satisfy. Students should use course descriptions as general guidelines. Course requirements, grading details, book lists, and syllabi are subject to change.