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picture1_Intermediate Microeconomics Pdf 126922 | Im S Item Download 2022-10-12 22-07-19


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File: Intermediate Microeconomics Pdf 126922 | Im S Item Download 2022-10-12 22-07-19
economics 111 intermediate microeconomics course outline fall 2009 syllabus this is a broad outline of the topics that i hope to cover in the course note that this is preliminary ...

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                                           Economics 111 – Intermediate Microeconomics 
                                                             Course Outline 
                                                                 Fall 2009 
                 Syllabus 
                 This is a broad outline of the topics that I hope to cover in the course. Note that this is 
                 preliminary, as how fast we can cover these topics depends to some extent on you. 
                 Consumer Theory 
                        Optimization Problems 
                        The budget set 
                        Preferences and indifference curves 
                        Utility functions 
                        Optimal choice  
                        Demand Functions, comparative statics and the Slutsky Equation 
                        Consumer Surplus 
                 Market equilibrium and efficiency in an exchange economy 
                        Definition of equilibrium 
                        The Edgeworth box 
                        Walras law 
                        How is equilibrium reached?  
                        Pareto Equilibrium  
                          st
                        1  Fundamental Welfare Theorem 
                          nd
                        2  Fundamental Welfare Theorem 
                        Problems with the welfare theorems 
                        Property rights and Coase theorem 
                  
                 Producer Theory – Perfect Competition 
                        Technology 
                        Profit Maximization and Cost Minimization 
                        Firm Supply 
                        Equilibrium in a production economy 
                        Welfare theorems in a production economy 
                 Monopoly 
                        The monopolist’s problem 
                        Monopoly behavior 
                        Cost of monopolies 
                 Game Theory 
                        The concept of  a game 
                        Nash equilibrium 
                        Subgame perfect Nash equilibrium 
                        Applications of Game Theory 
                 Choice Under Uncertainty 
                        Choices between gambles 
                        Expected utility theory 
                        Risk aversion  
                 Asymmetric Information 
                        The market for lemons 
                        Adverse selection 
                        Moral hazard 
                 Behavioral Economics 
                        Do people choose the ‘best option’ 
                        Do people maximize expected utility 
                        Other-regarding preferences 
                        The effect on economic analysis 
                   
              
             Approximate Schedule 
             Week Beginning    Topics 
              th
             7  Sept           Introduction 
               th
             14  Sept          Consumer Theory 1 
               st
             21  Sept          Consumer Theory 2 
               th
             28  Sept          Equilibrium in an Exchange Economy 1 
              th
             5  Oct            Equilibrium in an Exchange Economy 2 
               th
             12  Oct           MIDTERM 1 and RECAP 
               th
             19  Oct           Producer Theory – Perfect Competition 1 
               th
             26  Oct           Producer Theory – Perfect Competition 2 and Monopoly 
              nd
             2  Nov            Game Theory I 
             9th Nov           MIDTERM 2 and RECAP 
               th
             16  Nov           Game Theory 2 
             23th Nov          Choice Under Uncertainty and THANKSGIVING 
               th
             30  Nov           Adverse Selection and Behavioral Economics I 
              th
             7  Dec            Behavioral Economics II and Revision 
               th
             14  Dec           FINAL and RECAP 
              
              
               
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...Economics intermediate microeconomics course outline fall syllabus this is a broad of the topics that i hope to cover in note preliminary as how fast we can these depends some extent on you consumer theory optimization problems budget set preferences and indifference curves utility functions optimal choice demand comparative statics slutsky equation surplus market equilibrium efficiency an exchange economy definition edgeworth box walras law reached pareto st fundamental welfare theorem nd with theorems property rights coase producer perfect competition technology profit maximization cost minimization firm supply production monopoly monopolist s problem behavior monopolies game concept nash subgame applications under uncertainty choices between gambles expected risk aversion asymmetric information for lemons adverse selection moral hazard behavioral do people choose best option maximize other regarding effect economic analysis approximate schedule week beginning th sept introduction oc...

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