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ECO 420K ECO 420K. Microeconomic Theory. 4 Hours.

Economic theory of the behavior of individuals, households, firms, and markets. Roles of relative prices and information, with a focus on constrained optimization. Four lecture hours a week for one semester. Only one of the following may be counted: Finance 321K, Economics 420K, 421K. Prerequisite: Economics 304K and 304L with a grade of at least C- in each; Mathematics 408C and 408D, or 408K and 408L, or 408N and 408S, or 408K and 408S, or 408C and 408L, or 408C and 408S, or 408N and 408L with a grade of at least C- in each; and Economics 329 or Biomedical Engineering 335 or Chemical Engineering 253K or Electrical Engineering 351K or Mathematics 358K or 378K or Statistics and Data Sciences 378 or Mechanical Engineering 335 with a grade of at least C.