UNIVERSITY OF OTTAWA

ECO 2145: Microeconomic Theory II

Comprehensive Study and Exam Preparation Guide 2026

Part 01: About This Guide

Part 02: Sample Examination Paper

Part 03: Detailed Solutions and Explanations

Part 04: Study Tips for Students

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University of Ottawa - Microeconomic Theory II (ECO 2145)

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ACADEMIC YEAR 2026 - 2027

University	University of Ottawa
Department	Economics
Course Code	ECO 2145
Course Name	Microeconomic Theory II
Notes Title	Comprehensive Study and Exam Prep. Guide
Format	PDF
Page Length	29

This authentic examination guide provides you with an excellent opportunity to familiarize yourself with the content and format of the updated final exam for ECO 2145 at the University of Ottawa. It also offers a chance to practice useful exam techniques. The guide focuses on core exam questions and includes clear, simple diagrams that facilitate understanding and recall during the real exam. Thoroughly updated, this self-study set covers all topics included in the latest edition of the course, ensuring students are fully prepared to tackle the final exam with confidence.

ECO 2145: Microeconomic Theory II builds on the foundation of ECO 2144 by moving from partial to general equilibrium analysis, allowing for a comprehensive examination of how economic sectors interact through exchange and production. The course introduces advanced pricing strategies that firms use to capture consumer surplus and covers oligopolistic and monopolistic competition, with a focus on how firms with differentiated products strategically respond to competitors' actions. Vertical integration is explored, analyzing the relationships between upstream suppliers and downstream firms, while elements of time, investment, and uncertainty are integrated into decision-making frameworks.

The course also addresses externalities, public goods, and common resources, emphasizing how individual economic choices can impact others' production and consumption possibilities. Market imperfections, including asymmetric information, are examined to understand the contractual challenges they pose, especially in the context of strategic business practices such as entry deterrence and advertising. Topics such as externalities and public goods highlight the broader social implications of economic behavior, preparing students to analyze both firm-level and market-wide dynamics under complex, real-world conditions.

COURSE CODE	COURSE NAME
ADM 1100	Introduction to Business
ADM 1340	Financial Accounting
ADM 2303	Statistics for Management
ADM 2320	Marketing
ADM 2341	Managerial Accounting
ADM 2342	Intermediate Accounting I
ADM 3340	Intermediate Accounting II
ADM 3345	Taxation I
ADM 3350	Corporate Finance
ADM 3351	Fixed Income Investments
ADM 3352	Portfolio Management
ADM 3360	Business Law
ADM 4351	Options and Futures
ADM 2350	Financial Management
ECO 1102	Introduction to Macroeconomics
ECO 1104	Introduction to Microeconomics
ECO 2144	Microeconomic Theory I
ECO 2145	Microeconomic Theory II
MAT 2375	Introduction to Statistics
MAT 3375	Regression Analysis
MAT 3379	Introduction to Time Series Analysis

MITCA

Updated for 2026

University of Ottawa - Microeconomic Theory II (ECO 2145)

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