Credits / Language / Semester
4Credits / English / Summer
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.
Lecture. Practice questions and quizzes will be given, so that students can check their understanding of the course materials.
Quiz (30%), Midterm exam (30%), Final exam (40%)
Varian, H. (1992), Microeconomic Analysis, Third Edition, WW Norton & Company.
Jehle, G. A., and P. J. Reny (2000), Advanced Microeconomic Theory, Second Edition, Addison-Wesley.
Mankiw G., Principles of Microeconomics, 6th edition, Cengage Learning.