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Intermediate Microeconomics

Course Number:



Ross Doppelt,

Maryam Saeedi,

Selman Erol,


Undergraduate Economics


B.A. in Economics, B.S. in Economics, B.S. in Economics and Statistics, B.S. in Economics and Mathematical Sciences, Additional Major in Economics, Additional Major in Economics and Statistics, Required

Course Description

FALL & SPRING This course is a calculus-based study of microeconomics.  Topics in partial equilibrium analysis include supply and demand, consumer theory, theory of the firm, profit maximizing behavior, monopoly theory, and perfect competition.  The course concludes with an introduction to general equilibrium analysis and the welfare laws.  (Lecture, 3 hours; Recitation, 1 hour).  Minimum grade of "C" required in all economics pre-requisite courses.


Lecture: 160 min/wk and Recitation: 50min/wk


R. Serrano and A. Feldman "A Short Course in Intermediate Microeconomics with Calculus", Cambridge University Press, 2013.

Learning Objectives

By the end of the course, students should be able to:
  1. Understand and use microeconomic terminology;
  2. Know the assumptions of, understand and derive implications from microeconomic models of the individual, of the firm, and of interactions through the market place;
  3. Appraise the strengths and weaknesses of microeconomic models, and independently employ them in applications;
  4. Understand how and why some markets fail, and propose mechanisms that solve these failures;
  5. Understand and model economic situations where uncertainty exists.