General Equilibrium Theory of consumer choice and demand; applications to intertemporal choice, labour supply, and/or choice under uncertainty; welfare analysis; general equilibrium theory; externalities and the role of government. Precludes additional credit for ECON 2001 and ECON 2030 (no longer offered). Prerequisite(s): ECON 2020 with a grade of C- or higher or ECON 2009 with a grade of C+ or higher, and ECON 1401 and ECON 1402 with a grade of C- or higher, (or equivalent department-approved MATH course pair with a grade of C- or higher in each). Lectures three hours a week, tutorials one and a half hours a week.
General Equilibrium Theory of consumer choice and demand; applications to intertemporal choice, labour supply, and/or choice under uncertainty; welfare analysis; general equilibrium theory; externalities and the role of government. Precludes additional credit for ECON 2001 and ECON 2030 (no longer offered). Prerequisite(s): ECON 2020 with a grade of C- or higher or ECON 2009 with a grade of C+ or higher, and ECON 1401 and ECON 1402 with a grade of C- or higher, (or equivalent department-approved MATH course pair with a grade of C- or higher in each). Lectures three hours a week, tutorials one and a half hours a week.
