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Catalog 2011-2012
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BECN 3203
Intermediate Price Theory And Resource Allocation
Class hours: 3
Lab hours: 0
Semesters Available: Fall
Years Available: Odd
This course presents a general theory of prices and markets. It includes an investigation of the behavior of individual consumers and producers; the market for a single commodity; the interrelations between various markets in a system where all prices are determined simultaneously; and "what ought to be" as covered in welfare economics.
Prerequisites: BECN 2203 and MATH 1503.

No programs require this course.
No courses require this as a prerequisite or corequisite.