Intermediate Microeconomics: Methods and Models
Eugene Lang College Lib Arts: Economics
CRN: 15438
Credits: 4
This course addresses the neoclassical approach to Microeconomic Theory and the several criticisms to it. During the term, we will rigorously present the main mechanism of the neoclassical theory concerning the supply and demand laws, the theory of rational choice, the theory of production and distribution, the different models of competition and the markets for the different factors of production. An introduction to game theory and its applications in microeconomics will be given in the end. The course concludes with a general summary of the General Equilibrium model and its position in the development of economic theory and policy. We will also present the theoretical critiques and the empirical irrelevance of these theories.
College: Eugene Lang College Lib Arts (LC)
Department: Economics (ECO)
Campus: New York City (GV)
Course Format: Seminar (R)
Modality: In-Person
Max Enrollment: 18
Add/Drop Deadline: September 11, 2023 (Monday)
Online Withdrawal Deadline: November 19, 2023 (Sunday)
Seats Available: Yes
* Seats available but reserved for a specific population.
Status: Closed*
* Status information is updated every few minutes. The status of this course may have changed since the last update. Open seats may have restrictions that will prevent some students from registering. Updated: 12:02am EDT 9/28/2023
CRN: 5197
Credits: 4
Numerous methodological approaches in economics aim to understand the process of production and distribution of goods and services in a society. This course will familiarize students with the assumptions, mechanisms, and implications of the neoclassical microeconomic theory and the critiques of it. Students are expected to be comfortably discuss the methodological limits, empirical irrelevance and political implications of the neoclassical microeconomic theory by the end of the class.
College: Eugene Lang College Lib Arts (LC)
Department: Economics (LECO)
Campus: New York City (GV)
Course Format: Seminar (R)
Modality: In-Person
Max Enrollment: 18
Add/Drop Deadline: February 5, 2023 (Sunday)
Online Withdrawal Deadline: April 16, 2023 (Sunday)
Seats Available: Yes
Status: Closed*
* Status information is updated every few minutes. The status of this course may have changed since the last update. Open seats may have restrictions that will prevent some students from registering. Updated: 12:02am EDT 9/28/2023