Behavior of households, firms, and industries under competitive/monopolistic conditions. Factors influencing production, price, and other decisions. Applications of theory. Economic efficiency. Distribution of well-being. Students cannot take this course if they have taken ApEc 3001, as ApEc 3001 does not contain all material in Econ 3101.
prereq: ECON 1101, 1102, and MATH 1271 or equivalent courses approved by the Economics Department.