Individual consumer and firm behavior under perfect competition. The role of markets and prices in a decentralized economy. Monopoly in partial equilibrium. Economic tools developed from multivariable calculus using partial differentiation and techniques for constrained and unconstrained optimization. Enrollment instructions for Fall 2026: Please enroll in the lecture (section ECON 01) as well as an open discussion section that best fits your schedule. Discussion sections have limited capacity. Students may continue to make changes to their section enrollment, as capacity allows, until 5:00pm on October 9th.
5 units · Letter or Credit/No Credit · GER: WAY-FR, WAY-SI
Individual consumer and firm behavior under perfect competition. The role of markets and prices in a decentralized economy. Monopoly in partial equilibrium. Economic tools developed from multivariable calculus using partial differentiation and techniques for constrained and unconstrained optimization. Enrollment instructions for Fall 2026: Please enroll in the lecture (section 01) as well as an open discussion section that best fits your schedule. Discussion sections have limited capacity. Students may continue to make changes to their section enrollment, as capacity allows, until 5:00pm on October 9th.
Offered in Autumn 2026, Spring 2027 at Stanford University.