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Introduction to price theory: The neo-classical model of consumer and producer choice and general equilibrium, and deviations from that model including externalities and public goods. The course covers the same material as ECON 230 but with an emphasis on applications of the theory rather than formal mathematical modelling.
ECON101 or ECON104
ECON230, ECON204, ECON550 (prior to 2006)
For further information see Department of Economics and Finance .