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73-251 Economic Theory


Units:9.0
Department:Economics
Prerequisites:21-256 and 73-100
Related URLs:http://hss.cmu.edu/html/departments/econ

This course prepares students for advanced coursework in economics by providing a mathematically intensive overview of economic theory. Students take advantage of their knowledge of multi-dimensional calculus and constrained optimization techniques in order to understand the development and logical consistency of the most commonly employed economic models. Topics include consumer preferences and utility function representations, consumer choice under a budget constraint, substitution and income effects, compensated and uncompensated demands, expected utility theory, risk and insurance, technology and production functions, cost minimization, profit maximizing firms, perfect competition, single-firm markets, game theoretic analysis of markets with few firms, introduction to general equilibrium models and the welfare laws.

  Popularity index
Rank for this semester:#42
Rank in this department:#3

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  Spring 2005 times

Sec Time Day Instructor Location  
1 9:30 - 10:20 am M Golan MM A14 Add course to my schedule
W Golan MM A14
A 9:30 - 10:20 am F Instructor TBA PH 125B Add course to my schedule
B 9:30 - 10:20 am F Instructor TBA TBD TBD Add course to my schedule
C 9:30 - 10:20 am F Instructor TBA TBD TBD Add course to my schedule
2 11:30 am - 12:20 pm M Golan MM A14 Add course to my schedule
W Golan MM A14
D 11:30 am - 12:20 pm F Instructor TBA SH 220 Add course to my schedule
E 11:30 am - 12:20 pm F Instructor TBA HH B103 Add course to my schedule
F 11:30 am - 12:20 pm F Instructor TBA HH B131 Add course to my schedule



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