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Institution:
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University of Chicago
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Subject:
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Description:
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PQ: One year of calculus. ECON 19800 is required of students without a prior microeconomics course. MATH 19520 is required of students who took MATH 13300. Students who are majoring in economics must follow guidelines in the preceding Mathematics Requirements section. This course develops the economic theory of consumer choice. This theory characterizes optimal choices for consumers given their incomes and preferences, as well as the relative prices of different goods. This course develops tools for analyzing how these optimal choices change when relative prices and consumer incomes change. Finally, this course presents several measures of consumer welfare. Students learn how to evaluate the impact of taxes and subsidies using these measures. Autumn, Spring.
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(773) 702-1234
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Regional Accreditation:
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North Central Association of Colleges and Schools
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Calendar System:
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Quarter
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