ECON 301 - Strategy and Equilibrium

Credits: 3
Planned Offering: Offered when interest is expressed and departmental resources permit

Prerequisites: ECON 210 and MATH 101. Microeconomics without the assumptions of perfectly competitive markets: small number of agents, asymmetric information, uncertainty, externalities, etc. Applications include auctions, bargaining, oligopoly, labor market signaling, public finance and insurance. Class time combines lectures, discussion and classroom experiments. Heavy emphasis on problem solving using game theory. Guse.