ECON 3750 - Intermediate Micro/Macro Economics for Non-majors

Treats selected neoclassical economics topics with a mathematical orientation. The micro part includes utility optimization with constraints, joint-demands simultaneous solutions, translog cost and production functions, duality, profit maximization subject to constraints, risk and uncertainty, dynamics of firm growth theory, linear programming, theory of oligopoly and game theory and general equilibrium. The macro part includes income, employment, prices general model, determinants if a stable system, special treatment of the consumption and investment functions to reflect uncertainty, Leontief input-output model and multipliers, and the dynamics of macro growth. The economic policy implications of economic theorems will be discussed.