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ECN601_Syllabus_Spring

ECN601_Syllabus_Spring - Syracuse University Department of...

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1 Syracuse University Department of Economics ECN 601: Microeconomic Theory Spring, 2008 Instructor : Farzana Afridi, Assistant Professor Office : 119 Eggers Hall Email : [email protected] OBJECTIVE: This is an intermediate level course requiring previous study of an introductory microeconomics course, such as “Principles of Microeconomics”. The objective of this course is to study the theory of the behaviour of producers and firms with the ultimate aim of understanding the relevance of these tools to solving real world problems and issues. The emphasis will be on applying the tools acquired in class to decision-making at individual, firm or government level. The first half of the semester will be devoted to analysing production and competitive firm behavior. We will then move on to studying deviations from competitive firm behavior, such as monopolies and oligopolies. You will have an introduction to game theory and its applications and market failure. Knowledge of basic algebra and graphs is fundamental to understanding the course material and doing well in the class. You MUST revise basic algebra and learn how to read and draw graphs. The Refresher uploaded on Blackboard will help you through this.
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