Intermediate Microeconomics II
Calculus-based generalization of the theory of demand and supply developed in ECON201D. Individual behavior in environments of risk and uncertainty. Introduction to game theory and strategic interaction. Adverse selection, moral hazard, non-competitive market structures, externalities, public goods. Pre-requisite: ECON201D; MATH202 or MATH212 or MATH222 or any higher-level mathematics course with MATH212 as a prerequisite. One course.