ECON 2106EL

This course examines competitive markets. Topics may include competitive model, comparative statics, market elasticities, constrained consumer choice and demand, firms and production, short-run and long-run costs, profit maximization and supply, competitive firms and markets, welfare economics and government intervention, and general equilibrium and resource allocation. Students cannot retain credit for both ECON 2106 and ECON 2006. PREREQ: ECON 1006. (lec 3) cr 3.