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EC 301 Intermediate Microeconomics John Cabot University - Full Curriculum Program Fall 2019 Semester - Rome

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EC 301 Intermediate Microeconomics

EC 301 Intermediate Microeconomics Course Overview


CEA Partner Institution: John Cabot University
Location: Rome, Italy
Primary Subject Area: Economics
Instruction in: English
Course Details: Level 300
Recommended Semester Credits: 3
Contact Hours: 45
Prerequisites: EC 201, EC 202, MA 198


This course delves deeper into the foundations of microeconomic theory, and analyzes the subject from a theoretical rather than practical point of view. Students will become familiar with the tools used by microeconomists in the analysis of consumer and producer behavior. The first part of the course reviews consumer theory and discusses budget constraints, preferences, choice, demand, consumer?s surplus, equilibrium, externalities, and public goods. The second part of the course reviews producer theory: technology, profit maximization, cost minimization, cost curves, firm and industry supply, and monopoly.

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