PAM 2000

PAM 2000

Course information provided by the Courses of Study 2015-2016.

Topics include theory of demand and consumer behavior including classical and indifference curve analyses; theories of production and cost; models for the following markets-competitive, monopoly, monopolistic competition, oligopoly, and inputs; general equilibrium; welfare economics; public goods; and risk.

When Offered Fall, spring.

Prerequisites/Corequisites Prerequisite: ECON 1110 or equivalent.

  • Employ budget constraints and consumer theory to analyze a wide variety of topics, including income effects, substitution effects, two-period models, team production, and the principle-agent problem.
  • Use the models of perfect competition to analyze both short and long run equilibrium.
  • Use the tools of game theory to analyze strategic pricing, output decisions, campaign spending, advertising, and so on.
  • Explain and apply the models of microeconomics to topics covered in general interest news, topics of political interest, and to a current events.

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Syllabi: none
  •   Regular Academic Session.  Choose one lecture and one discussion.

  • 4 Credits Graded

  • 14191 PAM 2000   LEC 001

  • 14192 PAM 2000   DIS 201

  • 15241 PAM 2000   DIS 202