Microeconomics Syllabus PDF 2013

Summary

This document is a syllabus for a microeconomics course. It details the topics, timing, and assessment method, as well as recommended textbooks. The course is spread over five weeks with one topic per week. The course will cover general equilibrium, general welfare, choice under uncertainty, games with incomplete information, auctions, the moral hazard problem, the principal agent model, and mechanism design.

Full Transcript

Topics in Microeconomics - Syllabus Timing: Friday and Saturday. http://www.isid.ac.in/∼dmishra/micro.html The focus of the lectures will be on some main ideas in microeconomic theory. The lectures will be spread over 5 weeks. Ea...

Topics in Microeconomics - Syllabus Timing: Friday and Saturday. http://www.isid.ac.in/∼dmishra/micro.html The focus of the lectures will be on some main ideas in microeconomic theory. The lectures will be spread over 5 weeks. Each week will focus on one idea. The five topics (ideas) that we will cover are: 1. Friday, November 15 (2:30 PM to 4 PM) and Saturday November 16 (10 AM to 11:30 AM): general equilibrium and welfare. 2. Friday, November 22 (2:30 PM to 4 PM), Saturday, November 23 (10 AM to 11:30 AM), and Saturday, November, 23, 2013 (2:30 to 4 PM): choice under uncertainty 3. Friday, November 29 (2:30 PM to 4 PM), Saturday, November 30 (10 AM to 11:30 PM): games with incomplete information, auctions 4. Friday, December 13 (2:30 PM to 4 PM), Saturday, December 14 (10 AM to 11:30 AM), Saturday, December 14 (2:30 PM to 4 PM): the moral hazard problem, the principal agent model, and the cheaptalk and signaling model 5. Friday, December 27 (2:30 PM to 4 PM), Saturday, December 28 (10 AM to 11:30 PM), and Saturday, December 28 (2:30 PM to 4:30 PM): mechanism design Grading will be as follows. 1. Five assignments - 10 % weight 2. Midterm - 50 % weight 3. Endterm - 40% weight Midterm is on December 7, 2013 and endterm is on January 4, 2014. Textbook: Though classnotes will be provided, the following books are recommended. Auction Theory by Vijay Krishna. Microeconomic Theory by Mas-Collel, Whinston, and Green. Lecture Notes in Microeconomic Theory by Ariel Rubinstein (freely downloadable from author’s website). 1

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