ECO 3816

Microeconomics for Public Policy Analysis

Credits: 4; Prereq: ECO 2023. Students who have credit for ECO 3101 or ECP 3703 cannot get credit for this course. Not for ECO or ES majors; course designed primarily for public policy students.

Examines the theory of consumer behavior, production costs, firm behavior and the allocation of resources in the market system. Welfare economics and market failure with public policy focus are emphasized.