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FIN 321K FINĀ 321K. Intermediate Microeconomics for Business. 3 Hours.

Restricted to students in a business major. Explore microeconomic analysis of consumer theory, producer theory, decision-making under uncertainty, and market equilibrium. Examine game theory, monopoly and oligopoly behavior, and the principal-agent problem. Consider the application of these ideas to decisions made by business leaders in real-world settings. Three lecture hours a week for one semester. Only one of the following may be counted: Finance 321K, Economics 420K, 421K. Prerequisite: Mathematics 408Q, 408D, 408L, or 408S with a grade of at least C-.