This course focuses on learning microeconomic theory at the intermediate level. Microeconomics is the bottom-up view of the economy that studies the behavior of individuals and firms, how they make decisions, and how they interact in markets. Topics covered include the analysis of the theoretical foundations of consumer choice, firms’ production decisions, and market organization. This course begins with studying the theory of the consumer, which covers preferences, budget constraints, and utility maximization. We then turn to the theory of the firm, which covers production technology, cost minimization, and profit maximization. Economic welfare and efficiency are then analyzed under different market structures, market failures, and government interventions.