This course provides a more advanced analysis of microeconomic concepts developed in first year. It examines the price system, allocation of resources, and the impact of alternative market structures on consumer and producer behaviour.
Prerequisites
ECON-1102 with a minimum grade of C, or ECON-1104 or ECON-1106 with a minimum grade of B (prerequisite) ECON-2101L (lab) (must be taken concurrently).