Economics 811

Advanced Microeconomic Theory I

Fall 2009-10

 

  • Instructor : Ruqu Wang
    • Office: Dunning Hall, Rm. 304
    • Office Hours:
      • Tuesdays: 2:30-3:30
  • T.A. : Mark (Chenggang) Zhou
    • Office Hours:
      • Thursdays 1:00-2:30
      • MC A521

 

  • Course Description :
    In this course, we study the fundamental theories in Microeconomics. The first part of the course focuses on the concepts and techniques in individual decision making. The second part is devoted to game theory and its applications in economic theory.

Our focus is on the theoretical aspects of each topic. Therefore, rigorous mathematics will be used extensively. The course follows Microeconomic Theory by Mas-Colell, Whinston, and Green, as well as some recent papers in microeconomic theory. Not all materials in the selected chapters will be covered in the class, and only those materials discussed in the class will be covered by the exams.

The purpose of this course is to provide students with the basic microeconomic theories which are widely used in other economic theory courses. Homework will be assigned regularly. Working independently on the homework is strongly recommended, as this is the only effective way to prepare you for the exams. On the other hand, study groups discussing course materials (excluding the homework assignments) are encouraged.

This course is for Ph.D students.

Midterm Exam : Friday, October 16, 2009, in class

 

  • Grading :
    • Class participation -- 10%
    • Homework -- 20%
    • Midterm exam -- 30%
    • Final exam -- 40%

 

  • Required Textbook :
    Microeconomic Theory, by Andreu Mas-Colell, Michael D. Whinston, and Jerry R. Green, Oxford University Press, 1995

 

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