Intermediate Microeconomics II | Syllabus Website | Athabasca University
Intermediate Microeconomics II (Revision 2)
Arts, or Social Science. ECON 367 can be used to fulfill the Applied Studies (Business & Administrative Studies) area of study by credential students only.
ECON 357: Intermediate Microeconomics I (or equivalent)
Students planning to transfer this course to a Professional Accounting designation (i.e., CMA, CGA, CA) are advised that they will be required to achieve a grade higher than the minimum passing grade. See the Professional Accounting Designation website for details.
ECON 367 (Intermediate Microeconomics II) helps you develop a deeper understanding of the principles you learned about in introductory microeconomics, as well as new principles and applications that you did not encounter in Intermediate Microeconomics I. Intermediate microeconomics courses are the most important courses for a student majoring in economics. Since intermediate microeconomics is relevant to managerial decision-making and public policy analysis, it is vitally important to those who want to study the applied fields of economics or business. Even for general citizens, the topics covered in this course are important tools for understanding day-to-day economic conditions as reported in mass media.
Intermediate microeconomics is generally taught in a sequence of two courses. The first course (Intermediate Microeconomics I: ECON 357) focuses on consumer and producer theories in competitive markets. It also includes some discussion of government intervention in competitive market scenarios, especially taxes and subsidies. This second course (Intermediate Microeconomics II: ECON 367) has a wider scope, including non-competitive market models, market failures, risk and uncertainty, general equilibrium analysis and behaviour Economics.
Lesson 1: Monopolistic Competition and Oligopoly
Lesson 2: Game Theory and Competitive Strategy
Lesson 3: Markets for Factor Inputs
Lesson 4: Uncertainty and Consumer Behaviour
Lesson 5: Investment, Time, and Capital Markets
Lesson 6: General Equilibrium and Economic Efficiency
Lesson 7: Markets with Asymmetric Information
Lesson 8: Externalities and Public Goods
Lesson 9: Behavioural Economics
Quizzes (4 @ 5% each) 20%
Pindyck, R. S., & Rubinfeld, D. L. (2017) Microeconomics (9th ed.). Upper Saddle River, NJ: Pearson Education, Inc. The eText version of the text includes Pindyck, R. S., Rubinfeld, D. L., Suslow, V. Y., & Hamilton, J. H. (2017) Study Guide for Microeconomics (9th ed.). Upper Saddle River, NJ: Pearson Education, Inc. ISBN 9780134674551 (eText)
Pindyck, R. S., & Rubinfeld, D. L. (2017). Microeconomics (9th ed.). Upper Saddle River, NJ: Pearson Education, Inc. ISBN 9780134184241 (Print)
Hamilton, J., & Suslow, V. (2017). Study Guide - Microeconomics (9th ed.). Upper Saddle River, NJ: Pearson Education, Inc. ISBN 9780134741123 (Print)
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