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Spring 2026 Lecture Distance Learning Upper DivisionAn introduction to microeconomic theory. Analysis of consumer demand, output and input decisions of firms, price determination, economic efficiency, market structures, and market failure.
Learning Outcomes1Calculate economic costs and benefits relevant for making rational decisions.
2Identify factors that influence demand, supply, and market equilibrium.
3Evaluate the efficiency and equity of market equilibrium and the role of government in achieving efficiency and equity.