2019-2020
ECO313: Intermediate Microeconomic Theory

About This Course

Price theory, including analysis of consumer behavior, production costs, and firm behavior.

Course At A Glance

Credit Hours:

3

Department:

Economics

Course Level:

Upper

Semesters Offered:

Fall

Course Prerequisites

3 credit hours

ECO221: Principles of Macroeconomics

A study of national income determination, commercial and central banking, money, monetary policy, fiscal policy, economic growth, and the economics of trade and exchange rates. Some knowledge of basic mathematics and algebra, as well as the ability to understand and interpret economic data, is desirable. This course is not a prerequisite for ECO223.

and

3 credit hours

ECO223: Principles of Microeconomics

The study of markets, supply and demand, value distribution, business organization, market structure, and selected problems in microeconomics. Some basic mathematics and facility with graphs are necessary. ECO223 may be taken before ECO221.

and

3 credit hours

MAT109: Calculus for Business and the Social Sciences

An introductory survey of calculus, less theoretical in nature than MAT125. Topics include derivatives of algebraic, exponential, and logarithmic functions, the definite integral, and applications to business and the social sciences. Not applicable to a major or minor in mathematics. Students with a grade of C or higher in MAT125 (or its equivalent) may not subsequently take this course for credit. 

or

3 credit hours

MAT125: Calculus I

A study of the derivative, its applications, and an introduction to the integral. Topics include limits, continuity, techniques of differentiation, optimization, the Fundamental Theorem of Calculus, and indefinite integrals. 


Visit Georgetown College