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A typical course in microeconomics for late high school or early college students considers consumer theory in the form of utility maximization and producer theory in the form of profit maximization and cost minimization. Upperclass courses often include discussion of monopoly, market failure, externalities, and more advanced mathematical modeling techniques for lower-level material.
A typical course in microeconomics for late high school or early college students considers consumer theory in the form of utility maximization and producer theory in the form of profit maximization and cost minimization. Upperclass courses often include discussion of monopoly, market failure, externalities, and more advanced mathematical modeling techniques for lower-level material.
{{Template:Economic preparedness topics}}
[[Category : Economic Preparedness]]
[[Category:Economics]]
[[Category:Economics]]