Microeconomics

Last quarter, I also took an introductory microeconomics course. Besides math, econ is my other favorite thing.

Here are the highlights of the class:

• Supply and demand
• The burden of a tax
• How consumers maximize their utility
• Cost curves of firms
• Market structures: perfect competition, monopolistic competition, oligopoly (my favorite because of the game theory involved), and monopoly
• The role of government
• Inefficiency in markets

This class was so much fun! The professor used really good (and funny!) examples to illustrate the concepts he taught. I am taking macro in the winter.