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Georgetown University

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Detailed Course Information

 

Fall 2017
Oct 17, 2017
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Information Select the desired Level or Schedule Type to find available classes for the course.

ECON 551 - Microeconomics
This course covers elements of modern microeconomics. It emphasizes the development of skills needed to evaluate the new generation of economic models, tools, and ideas as they apply to recent changes in our economy. Basic tools of game theory, asymmetric information, and modern general equilibrium price formation are introduced and applied to various topics. These topics include consumer and producer choice, decision under uncertainty, and resource allocation under different market structures such as competition, monopoly, and oligopoly. The course also focuses on some newer innovations to the theory, including the role of politics in the determination of economic policy, the impact of spillovers and network externalities in the information economy, and psychological and behavioral factors in individual decision making

For M.A. in Applied Economics and M.S. in Economics Students

3.000 Credit hours
3.000 Lecture hours

Levels: MN or MC Graduate
Schedule Types: Lecture

Economics Department

Restrictions:
Must be enrolled in one of the following Levels:     
      MN or MC Graduate

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