This intermediate-level course uses in-depth mathematical models to analyze the decision-making behaviors of individuals and firms, how they interact in markets. Students develop a nuanced understanding of the mechanisms and assumptions underlying the models they learned in introductory courses, and begin to critically evaluate economic theory in real-world contexts. The course prepares students to extend basic economic models into the more complex contexts they will encounter in upper-level courses.
"This course breaks down a lot of the assumptions made in our principles course to provide us with a much more realistic understanding of microeconomic concepts. It was a good mix of theory and math and was still interesting, even though it was challenging."
"Uses outside readings to get a better understanding of how topics in class are related to real world scenarios. Goes over topics in depth but at a good pace."
"Very difficult course but interesting."