SemesterFall Semester, 2019
DepartmentPhD Program of Economics, First Year PhD Program of Economics, Second Year
Course NameMicroeconomic Theory(Ⅲ)
InstructorLI HAO-CHUNG
Credit3.0
Course TypeRequired
Prerequisite
Course Objective
Course Description
Course Schedule

This class expects intensive input from students. In addition to the 3 hour lecture, at least 12 hours of study is expected. 



Part 1: Consumer and firm analysis



Week 1-4: Consumer demand analysis (JR Chap 1,2; MWG 2,3; class notes)



Week 5-6: Extensions and applications of consumer demand analysis (class notes)



Week 7-8: Theory of the firm  (JR Chap 3; MWG 5; class notes)



Week 9: Midterm



Part 2 General equilibrium



Week 10-12: General equilibrium in an exchange economy (MWG 15,16; class notes)



Week 13: General equilibrium in an production economy (MWG 15,16; class notes)



Week 14-15: General equilibrium under uncertainty (MWG 19; class notes)



Week 16-17: Public goods and externality 



Week 18: Final exam


Teaching Methods
Teaching Assistant
Requirement/Grading

Evaluation will be based on 2 written exams. 

Midterm exam 50% 

Final exam 50%


Textbook & Reference

1. Advanced Microeconomic Theory (2011) by Jehle, G. and P. Reny (JR)



2. Microeconomic Theory (1995) by Mas-Colell, A., Whinston M., and J. Green. (MWG)



3. Microeconomic Analysis (1992) by Varian, H. (V)


Urls about Course
Attachment