Intermediate Microeconomics I/Applied Business Economics
|Unit(s): 3.0||Level(s): II||Term(s): Winter, Fall||Offered?: Yes|
Elements of production and cost; price and output determination under competitive and non-competitive market structures; the role of taxes and subsidies.
Prerequisite(s): ECON 1B03 (or ARTS&SCI 2E03); and credit or registration in one of MATH 1F03, 1M03, Grade 12 Calculus and Vectors U (or Grade 12 Advanced Functions and Introductory Calculus U). Completion of one of these mathematics courses is strongly recommended prior to registration in ECON 2X03. Antirequisite(s): ECON 2G03. Open to students registered in Commerce programs only.