May 22, 2022  
Loyola Marymount University Bulletin 2015-2016 
    
Loyola Marymount University Bulletin 2015-2016 [ARCHIVED CATALOG]

ECON 3100 Intermediate Microeconomics


4 semester hours

Microeconomic theory applied to the private sector. Indifference curves, utility theory, Slutsky equation, individual and market demand, technology, cost minimization, cost curves, consumer and producer surplus, efficiency, perfect competition, monopoly, price discrimination, classical oligopoly theory, game theory including Nash equilibrium, resource markets.

Prerequisites: A grade of at least B- in ECON 1050  and a grade of at least B- in MATH 112  or of at least C in MATH 131 .