Econ 410 Intermediate Microeconomics course introduces students to market movements, consumer behavior, and producer behavior. In this course, students will study about topics like firm theory, consumer theory and organization of markets. This course will teach students to determine efficiency and differentiate between forms of market structure. In this course students will learn to use optimization techniques such as the bang per buck approach and the Lagrangian method to solve problems faced by producers and consumers. Students will be taught about the economic consequences of policy changes and firm decisions from the short to long term. In this course, students will become familiar with government solutions related to improving market efficiency and learn to analyze the solutions. In this course, students are introduced to the preferences of producers and consumers and study about microeconomic theory.
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