(Please note that this module has now replaced ECON252 and pre-requires ECON 201, which replaced ECON251, or ECON251)

ECON 301 Intermediate Microeconomics II

Instructor: Roberto Martínez-Espiñeira

This second part of the intermediate Microeconomics course will take you beyond the core principles of microeconomics and show how they main ideas seen in ECON251 can be applied in practice. ECON252 applies the main concepts learned in ECON251 (equilibrium, efficiency, opportunity cost, incentives , and so on) to new settings. In particular, we will be relaxing some of the assumptions that define "textbook economies" and get our hands dirty in arenas where there is no perfect competition, but rather some real-world setting that complicates matters. For example, we will look carefully at issues of price determination in a monopoly, and at the strategies followed by firms operating under monopolistic competition and oligopoly. We will also look at other instances of market failure such as imperfect and asymmetric information, externalities, and public goods. 

Prerequisite: ECON 251. Three credits

Time Block:  

ECON 301: Winter 2009 AB/BA

Contact the Instructor: 

Dr. Roberto Martínez Espiñeira
St. Francis Xavier University
Department of Economics
P.O. Box 5000
Antigonish, NS B2G 2W5
Canada
Phone: 902-867-5443
Fax: 902-867-3160
e-mail: rmespi@stfx.ca

Office hours:
MON 1:00-2:00 TUE 1:30-3:30 WED 4:00-5:00 THU 1:30-3:30

Please phone 5443 to set an appointment if you cannot make any of the above times.

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Last updated: 6-JAN-09