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Course Intended Learning Outcomes (CILOs)
By the end of the course, students should be able to:
1. Learn the theory of individual decision making.
2. Have a solid and rigorous understanding of some old concepts such as utility, demand, surplus,
moral hazard, adverse selection, etc. from your Principal of Economics class.
3. Acquire the ability of using simple game theory to analyze economics situations.
4. Prepare for more specialized and advanced microeconomics classes later, such as Games and
Industrial Organization.
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