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313.670.01 MATHEMATICAL MICROECONOMICS

Term: 1st term
Credits: 4 credits
Contact: John Bridges
Academic Year: 2013 - 2014
Course Instructor:
Description:

Explores the essential topics of microeconomics: assumptions about markets, theory of the consumer, theory of the firm, market equilibrium, market failure, public goods, government intervention and game theory. Provides students with a graduate level introduction to microeconomics and will utilize both linear algebra and calculus. While discussion focuses predominately on first order conditions, students are encouraged to examine second order conditions, and other advanced theory and methods such as Kuhn-Tucker conditions, duality, and envelope theorems.

Learning Objective(s):
Upon successfully completing this course, students will be able to:
discuss how consumers and firms make decisions
demonstrate how they interact in the market place
assess the potential role of the government in correcting market failures.

Methods of Assessment: take-home problem sets, mid-term and final
Location: East Baltimore
Class Times:
  • Tuesday 3:30 - 5:20
  • Thursday 3:30 - 5:20
Enrollment Minimum: 7
Instructor Consent: No consent required
Prerequisite:

an undergraduate course in calculus and economics or permission of instructor

Auditors Allowed: No
Grading Restriction: Letter Grade or Pass/Fail