Lectures


Lecture 1. Introduction, Preference and Choice
Slides
Reading: 
   • MWG (1995), Chapter 1
Additional: 
   • ​Kreps (1990), Chapters 1-2
   • ​*[Experiment we did] Nicholas G. Rupp, A Classroom Experiment Illustrating the Law of Demand.

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Lecture 2. Consumer Theory
Slides
Reading: 
   • MWG (1995), Chapter 2
Additional: 
   • ​Kreps (1990), Chapters 2


Lecture 3. Classic Demand Theory
Slides
Reading: 
   • MWG (1995), Chapter 3
Additional: 
   • Kreps (1990), Chapter 2, Varian (1992), Chapters 7 - 8
​   • ​*Becker, G.S., 1962. Irrational behavior and economic theory. Journal of political economy, 70(1), pp.1-13.

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Lecture 4. Welfare Economics and Aggregate Demand
Slides
Reading: 
   • MWG (1995), Chapters 3.I and 4
Additional: 
   • Kreps (1990), Chapter 2, Varian (1992), Chapters 10


Lecture 5. Production Theory
Slides
Reading: 
   • MWG (1995), Chapter 5
Additional: 
   • Kreps (1990), Chapter 7; Varian (1992), Chapters 1-5


Lecture 6. Competitive Equilibrium 
Slides
Reading: 
   • MWG (1995), Chapter 10 A-C


Lecture 7. The Fundamental Welfare Theorems
Slides
Reading: 
   • MWG (1995), Chapter 10 D-E


Lecture 8. Strategic Interactions I
Slides
Reading: 
   • MWG (1995), Chapter 7-9


Lecture 9. Strategic Interactions II
Slides
Reading: 
   • MWG (1995), Chapter 7-9
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Lecture 10. Imperfect Competition: Workhorse Models
Slides
Reading: 
   • MWG (1995), Chapter 12

Competitive Market Economies