THE UNIVERSITY OF WATERLOO 
ECON 290 - Models of Choice in Competitive Markets 
Final Examination Guide and Notes 2024 
 
Part A: About This Guide 
Part B: Sample Final Examination Paper 
Part C: Suggested Solution to Final Exam Paper 
Part D: Final Examination - Hints and Tips 
 
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University of Waterloo

UWaterloo - ECON 290: Models of Choice in Competitive Markets

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ACADEMIC YEAR 2023 - 2024

University	University of Waterloo
Study Level	Undergraduate
Course Code	ECON 290
Course Name	Models of Choice in Competitive Markets
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	30

This guide allows you to understand how the ECON 290: Models of Choice in Competitive Markets, University of Waterloo - Final Examination 2024 will be assessed, structured, and the likely style and range of questions that would be asked. This self-study set has been thoroughly updated to cover all the topics contained in the latest edition of the exam. You do not need to be an expert in the course; you just need a basic understanding and the ability to quickly recall the information that you learn. You can use these notes as a reference to better understand the topics and improve your grades in your final examination.

At the University of Waterloo, ECON 290 delves into the essence of economic models by examining the pivotal role of choice in competitive markets. This course centers on the decision-making processes of both consumers and firms, elucidating the utilization of utility functions and budgets to forecast behavior. Topics encompass fundamental concepts, economic analysis tools, alternatives and budgets, preferences and utility functions, optimal consumer choices, intertemporal decision-making, producer choices, production technology, and decision-making under uncertainty.

✔ Upon finishing the course, you should be able to:

analyze and evaluate consumer and firm behavior within competitive markets;
understand and apply utility functions and budget constraints in economic modeling;
make predictions about consumer and firm behavior based on preferences and budget constraints;
determine optimal consumer choices given various alternatives and budgets;
examine intertemporal decision-making and its implications for consumer and firm choices;
evaluate producer choices based on production technology and market conditions;
and -analyze decision-making under uncertainty and its impact on economic outcomes.

COURSE CODE	COURSE NAME
AFM 101	Introduction to Financial Accounting
AFM 102	Introduction to Managerial Accounting
AFM 231	Business Law
AFM 272	Corporate Finance 1
AFM 280	Introduction to Organizational Behaviour
AFM 291	Intermediate Financial Accounting 1
AFM 322	Derivative Securities
AFM 361	Taxation 1
AFM 372	Business Finance 2
AFM 391	Intermediate Financial Accounting 2
AFM 472	Equity Investments
MGMT 244	Principles of Marketing
ECON 101	Introduction to Microeconomics
ECON 102	Introduction to Macroeconomics
ECON 221	Statistics for Economists
ECON 290	Models of Choice in Competitive Markets
ECON 322	Econometric Analysis 1
ECON 323	Econometric Analysis 2
ECON 371	Business Finance 1
ECON 372	Business Finance 2
ECON 423	Time Series Econometrics

UWaterloo - ECON 290: Models of Choice in Competitive Markets

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