Individual consumer and firm behavior under perfect competition. The role of markets and prices in a decentralized economy. Monopoly in partial equilibrium. Economic tools developed from multivariable calculus using partial differentiation and techniques for constrained and unconstrained optimization. Spring 2026 Enrollment Instructions: Students should enroll in lecture and an open discussion section.
5 units · Letter or Credit/No Credit · GER: WAY-FR, WAY-SI
Individual consumer and firm behavior under perfect competition. The role of markets and prices in a decentralized economy. Monopoly in partial equilibrium. Economic tools developed from multivariable calculus using partial differentiation and techniques for constrained and unconstrained optimization. Spring 2026 Enrollment Instructions: Students should enroll in lecture and an open discussion section.
Offered in Autumn 2025, Spring 2026 at Stanford University.