Economics 300 - Intermediate Microeconomic Analysis

Institution:

Haverford College

Subject:

Description:

SO V.Kontorovich Microeconomic theory has developed around the analysis of Adam Smith's ""invisible hand"" conjecture. To test this conjecture, we model the behavior of economic actors (consumers and firms) and their interaction in different markets (for goods, capital and labor). These models allow us to investigate the conditions under which these markets work well, less well, or not at all. In the process, basic tools and concepts used in other areas of economics are developed. Many of the topics covered in Introductory Microeconomics (ECON 101) are studied more rigorously and in greater depth. New Topics, such as behavior under risk, insurance, and imperfect information, are introduced. Prerequisite: ECON 101, 102 and Math 114 or ECON 105 and one other ECON course and Math 114. ECON 100 can be applied with approval of the Chair.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.haverford.edu

Phone Number:

(610) 896-1000

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

The Course Profile information is provided and updated by third parties including the respective institutions. While the institutions are able to update their information at any time, the information is not independently validated, and no party associated with this website can accept responsibility for its accuracy.