TROY UNIVERSITY
MASTER SYLLABUS
SORRELL COLLEGE OF BUSINESS
ECO 3352
Intermediate Microeconomics
Prerequisites
ECO 2252.
Description
Study of price and distribution theory as it relates to households, firms, and industries.
Theories of factor prices and general equilibrium are also examined.
Objectives
On completion of the course, the student should be able to:
1. Conduct a detailed examination of price theory and consumer choice;
2. Discuss utility-maximizing behavior on the part of consumers and profitmaximizing behavior on the part of firms;
3. Examine market structure and performance;
4. Present basic game theoretic models and discuss their applications;
5. Examine market structure and performance;
6. Discuss the welfare properties of different market outcomes.
Purpose
To provide strong familiarity with the theories and quantitative techniques of
intermediate microeconomics. In particular, these theories and techniques will be used to
show how optimal, or best, economic solutions are reached. Requirement for the
Economics major.
Master Syllabi are developed by the senior faculty in each business discipline. This Master Syllabus must be used as the basis for
developing the instructor syllabus for this course, which must also comply with the content specifications outlined in the Troy
University Faculty Handbook.
The objectives included on this Master Syllabus must be included among the objectives on the instructor’s syllabus, which may
expand upon the same as the instructor sees fit. The statement of purpose seeks to position the course properly within the curriculum
and should be consulted by faculty as a source of advisement guidance. Specific choice of text and other details are further subject to
Program Coordinator guidance.
19 April 2011
Master Syllabus: ECO 3352 (Revised August 2013)
2
Approved Texts
Frank, R. (current)., Microeconomics and Behavior. McGraw-Hill.
Perloff, J. (current)., Microeconomics. Pearson.
Troy University Faculty Handbook (2010): Section 3.9.2.8 [extract] — essential elements of the syllabus (somewhat modified for
space):
1. Course title
2. Course number
+ section
3. Term
4. Instructor
5. Prerequisites
6. Office hours
7. Class days, times
8. Classroom
14. Grading
location
methods,
9. Office location +
criterion
e-mail address
weights, make10. Office telephone
up policy, mid11. Course
term grade
description,
reports
objectives
15. Procedure,
12. Text(s)
course
13. Other materials
requirements
16. General supports
(computer
works, writing
center)
17. Daily
assignments,
holidays,
add/drop & open
dates, dead day,
final exam
18. ADA statement 23. Cheating policy
19. Electronic
24. Specialization
device statement
requirements
20. Additional
(certification,
services,
licensure,
statements
teacher
21. Absence policy
competencies)
22. Incomplete-work
policy