Introduction to Microeconomics emphasizes the choices of individual economic agents. Topics include scarcity, opportunity costs, comparative advantage, supply, demand, elasticity and tax incidence, international trade, cost theory, price and output determination under various market structures, consumer choice, public choice, externalities and common resources, factor markets and income distribution.
Course Number: ECON-40009
Credit: 4.00 unit(s)
There are no sections of this course currently scheduled. Please contact the Arts, Humanities, Languages & Digital Arts department at 858-534-5760 or ahl@ucsd.edu for information about when this course will be offered again.