ECON 325 - Intermediate Microeconomics

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FA. An intermediate-level study of microeconomic theory including applications to managerial decision-making in such areas as market and risk analysis, demand forecasting, production and cost analysis, product pricing, profit planning, and consumer theory. Goals of firms and the use of economic theory in achieving them are examined and evaluated. Calculus concepts used in the course will be taught as part of the course. Prerequisite(s): DATA 102; ECON 221; and either STAT 143, STAT 243, STAT 343, ECON 243, POLS 253, SOC 255, or PSYC 255. Additionally, MATH 171 is recommended.