Principles of Microeconomics

*Taught Online for Summer 2021*  The course treats by way of economic theory, quantification, data, applications, and contemporary issues: (a) the behavior and decision making on the part of individuals, business firms, and the government; and (b) the role of choices, tradeoffs, costs, prices, incentives and markets in the American economy. Special attention will be paid to the contributions of Chicago economists/economics to our understanding of microeconomic principles and public policy.