KECD 2210 - MICROECONOMICS 1: Optimal choice and equilibrium

Course Description

This is the first course in the graduate microeconomics sequence. We study some of the key concepts and tools in all fields of economics. Topics include individual choice, choice under uncertainty, revealed preferences, consumer and producer theory, markets and competition, general equilibrium, comparative statics tools and their application to price theory.

Enseignants

Eduardo PEREZ,Charlotte MARTRES

Type

Cours magistral et conférences

Language of tuition

English

Pre-requisite

Ideally, students should have taken an undergrad intermediate microeconomics course. Students should also be comfortable with real analysis and multivariable calculus.

Semester

Autumn 2024-2025

Lectures conseillées / Recommended readings

Lectures principales / Main readings

There is no mandatory textbook for this course. The following books are an excellent complementary reading, and a good investment.

Lectures secondaires / Main readings

1. Microeconomic Theory by Mas-Colell, Whinston and Green.

Disponible / Available

Mas-Colell, Andreu. Microeconomic theory. New York Oxford : Oxford University press. 1995.

2. Advanced Microeconomic Theory by Jehle and Reny.

Disponible / Available

Jehle, Geoffrey A. Advanced microeconomic theory. 3e édition. Harlow New York Paris [etc : Pearson Financial times Prentice Hall. 2011.

3. Microeconomic Foundations I: Choice and Competitive Markets by Kreps.

Disponible / Available

Kreps, David M. Microeconomic foundations . I . Choice and competitive markets. Princeton Oxford : Princeton University Press. 2013.