SSC 267 Intermediate Microeconomics

Content

We discuss the theory of the firm and market structure. We investigate production and costs and contrast perfect competition with monopoly. Next we discuss the labour market and the capital market. The course ends with a discussion of general equilibrium, market efficiency, externalities, property rights and the Coase theorem. The course includes reading of journal articles and economic classics, and special sessions with experiments.

Instructor

Dr.Bert Mosselmans

Track

Economics

Period

Fall / 2011

Course Material

• Robert Frank, Microeconomics and Behaviour, McGraw-Hill, latest edition

Prerequisites

The following courses are required in order to take this course:

• SSC 160 Introduction to Economics

One needs to have followed one of the following courses in order to take this course:

• SCI 110 Elementary Calculus - Concepts & Connections
• SCI 111 Mathematical Ideas and Methods in Contexts

Required for

This course is required in order to take the following course:

• SSC 367 Industrial Organization