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- This course covers the fundamental aspects of microeconomic theory that are required to the understanding of contemporary economic studies. A good comprehension of microeconomics is essential to the modelling of the behavior of individuals, households, firms, and markets, and therefore to the analysis of public-policy issues. My objectives are to provide the conceptual basis and core principles of microeconomics, and to gprepareh you for your future needs in this program. A good understanding of microeconomics is also essential before you graduate to the real world of policy evaluations. |
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There are two textbooks in my mind: Intermediate Microeconomics: A Modern Approach, 6th ed., Hal R. Varian; Microeconomic Analysis, 3rd ed., Hal R. Varian. I will try to illustrate theories with relevant public policy applications as long as time allows. You are expected to work hard on this course, and I will push you hard. |
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