This course provides a rigorous intermediate-level treatment of microeconomics theory, emphasizing the analytical study of the behavior of fundamental economic units and its implications for the production and distribution of goods and services. Topics include the mathematical foundations of economic theory; the theory of individual economic behavior; the theory of the firm and economic organization; choice under uncertainty, oligopoly, industrial organization, pricing, resource allocation, intertemporal consumption, labor supply, externalities, public goods, income distribution and welfare economics.

ECON 101, MATH 101 or equivalent intro-level microeconomics and first-year calculus course.