This course entails the use of intermediate microeconomic theory in the analysis of problems facing decision-makers, not only in business, but also in household, government and other profit/nonprofit organizations. This course covers the same material as in introductory microeconomics but a deeper level. Topics include demand and supply, consumer behavior, market demand, choice under uncertainty, production and cost, market supply, analysis of competitive markets, monopoly theory, monopolistic competition and oligopoly, game theory, factor markets, and market failure.
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