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Willamette University

900 State Street
Salem, Oregon 97301

503-370-6300 voice

Course Listings


ECON 357 Intermediate Microeconomics (1)

This course explores modern theories of the behavior of households and business firms in determining prices, the mix of goods and services produced in the economy, the allocation of scarce resources and the distribution of income and wealth among the participants in a market economy. The successes and failures of different types of markets are considered along with public policies aimed at improving the performance of markets.

Prerequisite: ECON 122, MATH 141 or equivalent

  • Offering: Every semester
  • Instructor: Frew, Whiting