Discover the concept of utility in microeconomics, exploring its origins, types, and applications to analyze consumer ...

Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.

The role of economics in the energy business is continuing to increase, whether you’re selling kilowatt-hours or combined cycle power plants, in both competitive and regulated markets, according to ...

ECON 201 covers aspects of microeconomic theory involving competitive markets. Topics include the behavior of households and firms, partial equilibrium analysis of product and factor markets, and ...