Units: 1.5, Hours: 3-0
Basic microeconomic theory and optimization techniques and their application to managerial decision making. Topics include demand, production, and cost analysis; market structure and pricing practices; and regulation. Course also examines estimation, forecasting, international implications, and case studies.
Note: Credit will not be granted for 205 if 203 or 302 has already been completed. ECON 203 and 205 cannot be taken concurrently.
Prerequisites: 103 or equivalent.
Undergraduate course in Economics offered by the Department of Economics in the Faculty of Social Sciences.