Course Description

EC270 Microeconomic Theory I 0.5

An examination of conventional microeconomic theories which attempt to explain the nature of markets and the behaviour of individuals and firms. Topics will include consumer choice, the technology and costs of production, firm behaviour, competition and market structure.

Prerequisite: EC120 (or EC101), EC140 (or EC102).

Co-requisite: Second year of an Honours Economics Program or permission of the Department.

Exclusion: EC220 or EC260.

Official electronic version updated on November 10, 2000

M. Watson, Editor