Intermediate Microeconomics II

ECON 206

Dr. Claire Hammond

Office: Carswell 121

Spring 1999

Email: Hammonc@wfu.edu

This course is a continuation of the study of microeconomics, or price theory, the study of the ways in which individuals and firms make choices, and the ways in which these choices interact with each other.

Required Textbook: Pindyck and Rubinfeld, Microeconomics, Fourth Edition, 1998

Grading:

First Test 25%

Second Test 25%

Final Exam 40%

Assignments 10%

Course Outline:

I. Introduction

Ch. 9, Section 9.5

II. Monopoly and Monopoly Practices

Ch. 10 (except sections 10.5 and 10.6) and ch. 11

III. Monopolistic Competition, Oligopoly, and Strategic Behavior

Chs. 12 and 13

IV. Input Markets both Competitive and Monopsonistic:

Chs. 14 and 15 (and sections 10.5 and 10.6)

V. Externalities and Public Goods

Ch. 18

VI. Information Problems

Chs. 5 and 17