Course info

Microeconomics Theory III expands on intermediate microeconomic concepts, focusing on advanced theories of consumer and producer behavior, market structures, and general equilibrium. It explores decision-making under uncertainty, strategic behavior in competitive and non-competitive markets, and welfare economics. The course also covers topics like externalities, public goods, and asymmetric information, analyzing their effects on market efficiency and social welfare. Students gain analytical skills to evaluate complex market dynamics and policy implications, equipping them for applied economic analysis in various contexts.