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Regular version of the site

Advanced Microeconomics

2020/2021
Academic Year
ENG
Instruction in English
6
ECTS credits
Course type:
Compulsory course
When:
1 year, 1, 2 module

Instructors


Sloev, Igor


Ushchev, Philip

Course Syllabus

Abstract

This course covers the essential core of the first part of modern microeconomic theory including consumer theory, firm theory, and general equilibrium. Lectures; Seminars (discussions; work in groups)
Learning Objectives

Learning Objectives

  • get an idea of ​​the principles and aspects of analysis
Expected Learning Outcomes

Expected Learning Outcomes

  • understanding of the principles and methods of analyzing how economic decisions are made by households and firms, and how they interact to determine the quantities and prices of goods and the allocation of resources in equilibrium.
Course Contents

Course Contents

  • The Consumer Theory
  • The Producer Theory
  • Partial equilibrium
  • General equilibrium
  • Introduction to imperfect competition
Assessment Elements

Assessment Elements

  • non-blocking Individual weekly homework assignments
  • non-blocking In-class participation
  • non-blocking Interim written assignment
  • non-blocking Exam
Interim Assessment

Interim Assessment

  • Interim assessment (2 module)
    0.41 * Exam + 0.05 * In-class participation + 0.25 * Individual weekly homework assignments + 0.29 * Interim written assignment
Bibliography

Bibliography

Recommended Core Bibliography

  • Andrew F. Daughety, & Jennifer F. Reinganum. (2010). Public Goods, Social Pressure, and the Choice between Privacy and Publicity. American Economic Journal: Microeconomics, (2), 191. https://doi.org/10.1257/mic.2.2.191
  • Burkett, J. P. (2006). Microeconomics: Optimization, Experiments, and Behavior. Oxford University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.oxp.obooks.9780195189629
  • Microeconomics (Advanced): A Textbook. (2019). Europe, Europe. https://doi.org/10.5281/zenodo.3457358

Recommended Additional Bibliography

  • Ariel Rubinstein. (2012). Lecture Notes in Microeconomic Theory: The Economic Agent Second Edition. Princeton University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.pup.pbooks.9742
  • Hugh Gravelle, & Ray Rees. (2004). Microeconomics. Harlow: Financial Times/ Prentice Hall. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1417798