Download master course syllabus

MASTER COURSE SYLLABUS
Date:
January 2002
Course Number:
ECN 345
Course Title:
Microeconomic Analysis
Instructor(s):
Allen, Schnell, and Wilhite
Typical Textbook:
W. Nicholson, Intermediate Microeconomics and Its
Applications; A. Dixit & S. Skeath, Games of Strategy.
Catalog Description:
Economic theory underlying consumer and producer
behavior in non-strategic and strategic settings with an
emphasis on developing formal tools of analysis.
Prerequisites:
ECN 143 or permission of Instructor
Course Objectives:
The purpose of this course is to provide students with
an informed perspective of, and ability to use,
microeconomic theory. Working through formal nonstrategic and strategic decision-making exercises
develops the analytical tools necessary to solve
business and non-business decision problems. The
logical foundations of the analytical tools are
emphasized. Core topics include consumer behavior,
production, exchange and markets, and using game
theory to solve strategic decision problems.
Computer Usage:
Not applicable.
Ethical Issues:
Not applicable.
Global Issues:
Not applicable.
Technology:
Technology is studied in ECN 345 by examining how
differing technologies influence a firm's basic
decisions. One problem studied is how the degree of
substitution that a firm's technology allows among its
inputs influences its input market choices as input
prices change. Another one studied is how returns to
scale that stem from different technologies determine
marginal cost and thus influence output decisions.
Master Course Syllabus
ECN 345
Demographic Diversity:
Not applicable.
Environmental Issues:
Not applicable.
Research Paper:
Not applicable.
February 1998
Subject Matter (based on 28 eighty-minute sessions):
Item
Sessions
_______________________________________________________________________
1. Scope of Economics
2. Theory of Preferences and Utility
3. Consumer Demand
4. Market Demand
5. Examination
6. The Technology of Production
7. The Costs of Production
8. Objectives of the Firm
9. The Perfectly Competitive Market
10. The Monopolistic Market
11. Examination
12. Strategic Decisions: The Oligopolistic Market and Game Theory
1.0
3.0
3.0
2.0
1.0
2.0
3.0
1.0
3.0
3.0
1.0
5.0