McDaniel College Budapest 

ECO 3303
ECO 3303 – Microeconomic Theory

Credits: 4

The theory of demand, production, cost, and resource allocation in a market economy. Models of market structure are developed and various forms of market failure are analyzed. Also developed are models of risk and uncertainty and theories of factor pricing and income distribution.

Prerequisites Economics 2201 or permission of the instructor.

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ECO 3303