ECON 201 MICROECONOMICS
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The Microeconomic Course Syllabus
Here are some notes and assignments that may be of assistance for Microeconomics
Micro Homework Assignments
The Basic Economic Problem
There are two groups of "actors" in Microeconomics: Consmumers and Producers. We'll look at the Consumers first;
The Basic Theory of Consumer Behavior
Producers try to maximize profits through operation of the firms that they own. Here's an introduction to the theory of the firm:
The Basic Theory of the Firm, part 1
and.....
The Basic Theory of the Firm, part 2
Some of the conditions that define perfect competition are commonly violated
in real econonmic life. Here we examine the implications of the existance of firms large enough to affect the price of what they sell.
Firms That Are Not Perfectly Competitive
Finally, we come to factor markets. These are the markets for the factors of production: Land, Labor and Capital. Land consists of land and all natural resources, Labor is just what it suggests, and Capital consists of the tools we use to make things.
Here's an introduction:
Factor Markets
