Learning outcomes
The goal of the course is to give students a solid foundation in the main topics in microeconomic theory. We will cover Consumer Theory, Producer Theory, Game Theory and Equilibrium. This course relies on graphical analysis, elementary algebra as well as basic calculus. The course will be based on the textbook "Microeconomic Theory", by Mas-Colell A., M. Whinston, J. Green (1995).
Syllabus
Individual decision making:
-Preferences, choices, demand theory, production, choice under uncertainty.
Game theory:
-Normal form games, extensive form games and the corresponding solution concepts.
Market equilibrium and market failure.
