ECON 3100 - Intermediate Economic Theory

Goals: To deepen students’ understanding of economic theory, building on the foundation they received in introductory economics. Students will learn how to develop, analyze and interpret models of economic behavior using graphical, algebraic and calculus-based methods.

Content: This course will examine classic theories of consumer and producer decision-making, in a variety of economic contexts. Constrained optimization, graphical analysis, and game theory methodology will be used to explore allocation decisions made by consumers, firms, and governmental units. These theories will also be used to understand macroeconomic outcomes, such as unemployment, inflation and economic growth.

Taught: Spring term

Prerequisites: ECON 1100, and Math 1170 or ECON 1500 with grades of C- or better

Credits: 4