We cover the following topics in class:
1. Demand, supply, equilibrium, elasticity
2. Demand, supply & government policies
3. Consumer surplus, efficiency
4. Costs of taxation, international trade
5. Externalities, public goods
6. The costs of production
7. Firm behavior in competitive market
8. Monopoly
9. Price discrimination
10. Game theory (oligopoly)
11. Monopolistic competition
12. Asymmetric information