About This Course
Study.com Intermediate Microeconomics builds on introductory micro with deeper theory and applications: consumer theory (preferences, utility, income and substitution effects), producer theory and cost minimization, profit maximization across market structures, partial and general equilibrium intuition, welfare economics and market failures in more depth, strategic interaction and game theory foundations, and topics such as oligopoly behavior and introductory information economics where covered. Video lessons, practice, and assessments align with a second‑course microeconomics expectations. Credit is earned through the College Accelerator plan; courses carry ACE and NCCRS recommendations. Always confirm prerequisites and transfer with your receiving institution.
General education & majors
Degree requirements differ by college and catalog year; always verify gen-ed rules and transfer credit with your advisor.
Usually taken after introductory microeconomics in business and economics programs; some schools pair or sequence with intermediate macro — confirm your catalog.
What You'll Learn
- Analyze consumer choice using utility, constraints, and comparative statics beyond introductory supply-and-demand drills.
- Explain firm supply, cost curves, and profit maximization under competitive and imperfect competition with intermediate rigor.
- Apply basic game theory and strategic reasoning to oligopoly and related market settings.
- Evaluate welfare, efficiency, and equity tradeoffs using intermediate microeconomic tools.
- Solve structured problems typical of an intermediate microeconomics course assessment.
About Study.com
Study.com offers 220+ online college courses with ACE and NCCRS credit recommendations. College Accelerator plans include video lessons, quizzes, and proctored exams for transferable credit.
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