Transformation Curve. Opportunity Costs and The Scarcity Principle. Comparative Advantage. The Nature of Markets. Supply and Demand. Consumer Theory and Utility Functions. The Expected Utility Approach# Cost and Supply Functions. Perfect Competition. General Equilibrium. Pareto-efficiency. Welfare Economics. Distortions# Monopoly, Oligopoly, Taxes, Subsidies.

Faculty: Data and Decision Sciences
|Undergraduate Studies
Course with no extra credit

94592 - Economics For The Behavior and Mana.sci. 95500

Course with no extra credit (contained)

94593

Course with no extra credit (contains)

94591 - Introductory Economics 94594 - Principles of Economics For Engineers