ECON 401 - Intermediate Microeconomic Theory
Section: 200
Term: FA 2017
Subject: Economics (ECON)
Department: LSA Economics
Credits:
4
Requirements & Distribution:
BS, QR/1
Enforced Prerequisites:
MATH 115, 116, 121, 156, 176, 185, 186, 215, 285, 295, or 296; with a grade of C or better.
Advisory Prerequisites:
ECON 101 and 102.
Other Course Info:
F, W, Sp.
BS:
This course counts toward the 60 credits of math/science required for a Bachelor of Science degree.
Repeatability:
May not be repeated for credit.
Rackham Information:
Rackham credit requires additional work.
Primary Instructor:

The aim of this course is to introduce students to the models of behavior and of equilibrium that are most important to contemporary economics. These models provide the lens through which economists today study economic reality. We shall consider the mathematical formulation of these models, the interpretation of the models, and how the models are used in empirical research.

Note: this course will be the first in a sequence of versions of Econ 401 that I plan to teach over the next couple of years in which I attempt to revamp the traditional curriculum and the traditional teaching and examination methods of Intermediate Microeconomics, bringing the class more in line with the contemporary style of research in economics. Students who join this class should anticipate that the class will be quite different from previous semesters' versions of Econ 401. This will pose some challenges for students. I'll try to help as much as I can. Hopefully, it will also be exciting to participate in the course at a time when the course is re-invented.

Course Requirements:

Students will be evaluated on the basis of their performance in weekly homework, and on the basis of two midterms and a final exam. The exams will include short answer questions and might also include multiple choice questions. Exams and homework will include questions that require mathematical answers, but also questions that are more open ended and require students to show in short textual answers that they can reason independently using a precise understanding of the material covered in class. There may also be questions that require students to work with data sets. There is no required textbook.

Intended Audience:

This course is primarily for undergraduate students who are planning on declaring a major or a minor in Economics.

Graduate students cannot enroll for this course before classes start because the course is primarily for the undergraduates.

It is important that students come into the course with a sufficient mathematical background. This is why the mathematics prerequisites are enforced strictly.

Class Format:

There will be lectures as well as regular sections. Students can practice problem solving in the sections.

ECON 401 - Intermediate Microeconomic Theory
Schedule Listing
100 (LEC)
 
11182
Open
7
 
-
MW 1:00PM - 2:30PM
Note: Students will be auto-enrolled in section 001 when they elect sections 002-013; Exam schedule: Thursday, Oct 12, 2017, 8:00-10:30pm; Thursday, Nov 9, 2017, 8:00-10:30pm; Thursday, Dec 21, 2017, 1:15-3:45pm.?
101 (DIS)
P
11183
Open
2
 
-
Th 10:00AM - 11:30AM
102 (DIS)
P
11184
Closed
0
 
-
Th 10:00AM - 11:30AM
103 (DIS)
P
11185
Open
1
 
-
Th 11:30AM - 1:00PM
104 (DIS)
P
11186
Open
1
 
-
Th 11:30AM - 1:00PM
106 (DIS)
P
11188
Open
2
 
-
Th 5:30PM - 7:00PM
107 (DIS)
P
11189
Closed
0
 
-
Th 2:30PM - 4:00PM
108 (DIS)
P
11190
Closed
0
 
-
Th 2:30PM - 4:00PM
109 (DIS)
P
18039
Closed
0
 
-
Th 8:30AM - 10:00AM
110 (DIS)
P
11191
Closed
0
 
-
Th 4:00PM - 5:30PM
111 (DIS)
P
29023
Open
1
 
-
Th 4:00PM - 5:30PM
113 (DIS)
P
19249
Closed
0
 
-
Th 1:00PM - 2:30PM
200 (LEC)
 
30118
Closed
0
 
-
MW 1:00PM - 2:30PM
201 (DIS)
P
19248
Closed
0
 
-
Th 1:00PM - 2:30PM
202 (DIS)
P
11187
Closed
0
 
-
Th 8:30AM - 10:00AM
NOTE: Data maintained by department in Wolverine Access. If no textbooks are listed below, check with the department.


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