New York University 4 credits Economics
Rigorous examination of consumer choice, profit-maximizing behavior on the part of firms, and equilibrium in product markets. Topics include choice under uncertainty, strategic interactions between firms in noncompetitive environments, intertemporal decision making, and investment in public goods. Required for the theory concentration of the major. May be taken by policy concentration students. Prerequisites: Min grade C for all reqs: (ECON-UA 2 OR ECII-UF 102 OR ECON-UB 1 OR AP Exam Microeconomics >= 4) AND (MATH-UA 132 OR MATH-UA 123 OR MATH-UA 129 OR MATH-UH 1020 OR MATH-UY 2114).
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