Eco 61
 
 

Intermediate
Microeconomics


Professor Tavis Barr
 

Course
Description






This course examines the individual actors -- the citizen, the consumer, the firm -- that comprise our economy, and the relationship between their invididual interests and their group interests as expressed through such institutions as markets, governments, and households.  We begin with a discussion of the theory of distribution, and then examine how well markets hold up to benchmarks for distribution.  We then examine the reasons why most individuals work for firms, and then examine the working of firms and how effective they are at production.
    The course will use algebra and analytic geometry.  Calculus will not be required for any exams or problem sets, though in some of the lectures I may use examples with a bit of calculus for the benefit of those who have had it.