课程描述:This course builds on the fundamental concepts and techniques learned in Principles of Microeconomics – ECON 1101. At the intermediate level, however, we will engage in a more mathematically rigorous treatment of microeconomics in order to sharpen our theoretical predictions about economies. By the end of the course, you should be in a position to analyze economic policy, business practices and beyond, using the language and methods of modern economic theory. Constrained optimization is and essential tool for much of economic analysis and you will learn to solve these types of problems using Lagrangian multipliers. The material that we cover is essential for tackling upper level economics such as financial economics, labor economics, and industrial organization. Furthermore, the material learned here form the basis of modern macroeconomics.