Course Description
This course is an introduction to the fundamental principles and analytical tools of microeconomics.The course will cover essential topics such as how markets work; markets and welfare; the economics of
the public sector; firm behavior and the organization of industry. One objective of the course is to teach
foundational concepts to prepare economics majors for subsequent courses in microeconomic theory.
However, majors and non-majors alike will learn how these basic concepts of economic analysis can be
usefully applied to real-world problems of current policy relevance.
CUHK
ECON2011 Basic Microeconomics