Teaching language is English with detailed explanations in Chinese. Microeconomics, a major field in economics that analyzes the behavioral pattern of various economic agents. Building on basic analytical tools, we investigate how economics can provide insights into many behaviors of individuals, firms and government agencies. After taking this course you should have developed an understanding of the basic topics in microeconomics. You should be able to analyze and explain to others how various behaviors of economic agents and government policies can be explained by economics. Grading: Project 20%, Assignments 15%, Mid-Term Test 30%, Final Exam 35%.