ECON207
Intermediate Microeconomics I
Description
ECON207 is the first of two courses of a coordinated sequence of courses that provide a solid grounding in the theoretical and applied methods of microeconomics. The courses use the concepts of choice, the co-ordination by prices leading to equilibrium, and the evaluation of people's choices according to the citeria of economic efficiency and equity. ECON 207 uses these ideas to study consumer theory, producer theory, market equilibrium under perfect competition, labour markets, and choice under risk.