ECON 203

Intermediate Microeconomics I

Units: 1.5, Hours: 3-1

An examination of the theories of consumer demand; production and cost; the firm and market under conditions of perfect competition, monopoly, monopolistic competition and oligopoly; factor markets and distribution; and welfare economics.

Note: Credit will be granted for only one of 203, 300, 302, 304A. ECON 203 and 205 cannot be taken concurrently.

Prerequisites: 103 or ENGR 280; MATH 102 or 100.

Undergraduate course in Economics offered by the Department of Economics in the Faculty of Social Sciences.