Intermediate Microeconomics II
ECON208 is the second of two courses of a coordinated sequence of courses that provide a solid grounding in the theoretical and applied methods of microeconomics. The courses uses the concepts of choice, co-ordination by prices leading to equilibrium, and evaluation of people's choices according to the citeria of economi efficiency and equity. ECON 208 looks at the coordination of consumer and firm choices through prices, including situations where such coordination may not result in desirable outcomes. It examines the role that imperfect information and strategic behaviour can play in determining economic outcomes.