This course is designed for students with a basic understanding of principles of economics and calculus. By the end of course, students are expected to learn the microeconomic theories that explain the economic behaviors of consumers and firms, and understand how to apply these theories to real-world problems. The key point is to learn how to think like an economist: identify the problems, make assumptions to simply the problems, model the problems, and solve the problems. We will focus on the intuitions behind every theory, but necessary mathematical tools will also be stressed.

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