ECON:313 Intermediate Microeconomic Theory.

Analyzes how consumers, businesses and suppliers of labor and other resources make their choices. Covers how individual markets for products and resources determine resource allocation, wages, prices, income distribution and levels of production. Students may earn credit for only ECON:313 or ECON:315. Prerequisites: ECON:105, or ECON:201 and ECON:202. 4 SH.