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University of Tennessee, Knoxville    
  Jan 19, 2018
2011-2012 Graduate Catalog [ARCHIVED CATALOG]

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ECON 512 - Microeconomic Theory

3 Credit Hours
Theory of consumer choice and demand, theory of revealed preference, attributes of goods and implicit prices, market demand, labor supply, individual behavior under uncertainty, theory of firm, theory of production and cost, market structures, derived demand and factor pricing, introduction to welfare economics, market failure and theory of second best, pure exchange.

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