Microeconomics
Instructors
Credits / Language / Semester
4Credits / English / Summer
Objectives/Overview
The objective of this course is to provide a systematic introduction to basic parts of microeconomic theory that are essential for any applied economic work. The following topics will be covered: consumer and producer theory, partial equilibrium, general equilibrium, imperfect competition, externalities, public goods, and information. Special emphasis will be given to how to use the basic theories to think about economic issues in the real world.
Keywords
Microeconomics,Consumer,Firm,Market,Competition,English
Teaching Methods
Lecture. Practice questions and quizzes will be given, so that students can check their understanding of the course materials.
Grading
Quiz (40%), Midterm exam (30%), Final exam (30%)
Required Text
Varian, H. (1992), Microeconomic Analysis, Third Edition, WW Norton & Company.
Reference Books
Jehle, G. A., and P. J. Reny (2000), Advanced Microeconomic Theory, Second Edition, Addison-Wesley.