SS 334 B Microeconomics.
This course introduces students to the concepts and tools of microeconomics, which serve as the foundation for further economics courses. Microeconomics is a subfield of economics that studies how individuals and firms make decisions, and how these decisions determine the allocation of resources in a market. Topics that we will discuss in the course include how markets operate and the forces that affect the markets, welfare economics, theories of the firm behavior, and various market structures (competition, monopoly, monopolistic competition, and oligopoly). As we progress through the course, we will think about answers to policy-relevant questions, such as: should governments subsidize essential goods? does price change of cocoa affect the demand for coffee? When should a firm make the decision to quit the market? How should restaurants set their prices?
3 credits.
Loujaina Abdelwahed
- Teacher: Loujaina Abdelwahed