The page uses Browser Access Keys to help with keyboard navigation. Click to learn moreSkip to Navigation

Different browsers use different keystrokes to activate accesskey shortcuts. Please reference the following list to use access keys on your system.

Alt and the accesskey, for Internet Explorer on Windows
Shift and Alt and the accesskey, for Firefox on Windows
Shift and Esc and the accesskey, for Windows or Mac
Ctrl and the accesskey, for the following browsers on a Mac: Internet Explorer 5.2, Safari 1.2, Firefox, Mozilla, Netscape 6+.

We use the following access keys on our gateway

n Skip to Navigation
k Accesskeys description
h Help
Cornell University    
 
    
 
  Nov 23, 2017
 
Courses of Study 2015-2016 [ARCHIVED CATALOG]

[Add to Favorites]

PAM 2000 - Intermediate Microeconomics


     
Fall, spring. 4 credits. Letter grades only.

Prerequisite: ECON 1110  or equivalent.

Fall, E. McDermott.

Topics include theory of demand and consumer behavior including classical and indifference curve analyses; theories of production and cost; models for the following markets-competitive, monopoly, monopolistic competition, oligopoly, and inputs; general equilibrium; welfare economics; public goods; and risk.

Outcome 1: Employ budget constraints and consumer theory to analyze a wide variety of topics, including income effects, substitution effects, two-period models, team production, and the principle-agent problem.

Outcome 2: Use the models of perfect competition to analyze both short and long run equilibrium.

Outcome 3: Use the tools of game theory to analyze strategic pricing, output decisions, campaign spending, advertising, and so on.

Outcome 4: Explain and apply the models of microeconomics to topics covered in general interest news, topics of political interest, and to a current events.



[Add to Favorites]