Microeconomics

Summary

This course presents a first introduction to microeconomic theory and its applications. It lays the foundation for more advanced courses.

Content

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Assessment methods

Students need to complete a number of homework assignments (problem sets).

There will be a final exam as well as a team project.

The final examination covers the whole of the course. The course grade is computed as follows:
Grade = 0.2 (Problem Sets) + 0.4 (Exam) + 0.4 (Project).

Resources

Bibliography

The material in this course is largely contained in the following book. The references therein point to additional literature on the subject.

[PR] PINDYCK, R.S., RUBINFELD, D.L. (2012). Microeconomics (8th Edition), Pearson/Prentice Hall.

This course is taught at a level that is slightly above [PR] in terms of the mathematical tools used. However, PR is an excellent introductory text written by two outstanding economists. I had the pleasure using an earlier version of this book in the first economics graduate course that I took at MIT a while back.
In addition, I recommend that you take a look at the following survey paper on pricing: WEBER, T.A. (2012) “Price Theory in Economics,” in: Özer, Ö., Phillips, R. (Eds.) Oxford Handbook of Pricing Management, Oxford University Press, pp. 281—339. A pre-publication version of this chapter is available at http://ssrn.com/abstract=1270297

The completed syllabus is available on the course website (username and password will be provided in class): http://econspace.net/MGT-621.html

 

Ressources en bibliothèque

• Oxford Handbook of Pricing Management / Azer & Philips
• Microeconomics / Pindyck, Rubinfeld
• Microeconomics / Pindyck, Rubinfeld (8th ed.)

Websites

• http://econspace.net/MGT-621.html