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3 Found helpful • 30 Pages • Complete Study Notes • Year Uploaded: 2021
This is the full set of notes for microeconomics 201. This course is a study of the allocation of scarce resources among competing end uses. Intermediate-level analysis of the economic behavior of individual units, in particular consumers and firms. Although the focus is on perfectly competitive markets, attention is also given to other types of markets. The analysis also includes concepts of expected utility and uncertainty and welfare economics. Topics covered in this course include consumer preferences, utility, costs and profits, monopoly, game theory, uncertainty, and asymmetric information.
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