ECON 6030 - Advanced Price Theory

An advanced study in the logic of the pure theory of production; joint production and joint costs, and introduction to the multiperiodic production theory. Advanced theory of consumer behavior; aggregation problems in product supply, factor demand and consumer demand analysis; review of selected empirical studies on consumer demand analysis; consumer surplus; problems involving optimization over time and under conditions of uncertainty; role of savings in consumer demand theory (utility maximization over time).

Prerequisites/Corequisites: Prerequisite: MATH 1220 or MATH 1700 or ECON 5040.

Credits: 3 hours

Notes: Open to Graduate students only.
When Offered: Fall