Olena Rarytska | Teaching
Intermediate Microeconomics
Intermediate Microeconomics
Taught: Spring, 2008 - SBU
Text: Intermediate Microeconomics: A Modern Approach by Hal R. Varian
Course description: The course focus is on studying the behavior of consumers and firms and its implications for the production and distribution of goods and services. The emphasis is made on the use of economic theory to provide explanations of observed phenomena, including analytical derivations of empirically verifiable propositions.
Topics
Budget set
Preferences
Utility
Choice
Demand
Consumer surplus
Market demand
Equilibrium
Technology
Profit maximization
Cost minimization
Cost curves
Firm supply
Industry supply
Monopoly
Intertemporal choice
Asset markets
Uncertainty
Auctions