3 hours Microeconomic theory and its applications. Emphasizes the logical structure of microeconomics and the formal specification of microeconomic problems. Special topics may include intertemporal choice, uncertainty and risk analysis; industrial organization and antitrust policy; advanced managerial economics; cost-benefit analysis.
Prerequisite(s): ECON 3550 or ECON 5030 and ECON 5600, or consent of department.