Economics 111.3 (97)

Title: Price Theory and Resource Allocation

Term: 1 (3 lecture hours)

Lecture

CRN: 83134

Time: Thursday 1 pm - 3:50 pm

Professor: Wendy Doell

Course Information

Description:

Shows the student how to understand the individual consumption and production decisions which are made within a market economy, guided by prices and costs. Economic concepts of supply, demand, cost, response to price changes, production, equilibrium, and income distribution are analyzed.