Aug 30, 2025  
2025-2026 Undergraduate Catalog 
    
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2025-2026 Undergraduate Catalog

EC 216 Intermediate Microeconomics

(4 Credits)
This course is a detailed study of price determination and resource allocation under conditions of perfect and imperfect markets. In addition to supply and demand analysis, key economic concepts such as diminishing marginal utility, elasticity, production and cost, optimization theory, producer and consumer surplus, deadweight loss, and firm behavior under alternative market structures are explored.

Prerequisite: EC 210 , EC 211 .