Online CoursesEconomics 301: Intermediate Microeconomics
Economics 301, Intermediate Microeconomics. The pedagogical approach taken by the course author is to couple clear explanations of basic concepts with students doing intensive problem solving to promote deeper understanding of microeconomic concepts. Intensive problem solving is promoted in with publisher-provided problem sets.
The topics are standard for a course at this level. They include the theory of consumer behavior, the theory of production and cost, the theory of the firm in competition and monopoly, and the analysis of market failure, including externalities, public goods, and a variety of information failures.
Students living within 75 miles of East Lansing are expected to take the exams on campus. Students who cannot take the exams at the East Lansing campus due to distance constraints must make alternative arrangements. These alternatives include proctoring by an MSU instructor for students enrolled in a study abroad program, by base personnel for students serving in the U.S. military, by a certified testing center or by a college or university testing center.. A list of certified testing centers may be found at http://www.ncta-testing.org/find-a-cctc-participant. Note that testing centers may charge a fee for their services, or have restricted hours of operation. These are the only testing options available, and only students able to use one of these options should enroll. No exams, except as listed above, will be given outside the United States.