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  Graduate & Professional :: College of Arts and Sciences :: Economics
 
  

5502 Advanced Microeconomic Analysis (3)

The course first provides a critical survey of neoclassical microeconomic theory, including methodology, demand theory, production and cost theory, theory of competitive and non-competitive markets, distribution, welfare, and general equilibrium. It then introduces heterodox microeconomic theory, covering its historical origins, methodology, structural organization of economic activity, in-put-output models, flow of funds, agency and institutions, and the business enterprise. Prerequisites: Economics 302, 521

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