By the end of the course, you will be able to understand introductory microeconomic theory, solve basic microeconomic problems, and use these techniques to think about a number of policy questions relevant to the operation of the real economy.
Students should also have the skills needed to:
1) Use supply and demand diagrams to analyze the impact of overall changes in supply and demand on price and quantity.
2) Solve a consumer's utility maximization problem mathematically and graphically; analyze the impact of changes in price and income on a consumer's decision via shifting income and substitution effects.
3) Understand the consumer's labor supply decision.
4) Solve a firm's cost minimization problem mathematically and graphically.
5) Analyze the behavior of firms in a perfectly competitive market in the short-run and the long-run.
6) Calculate producer and consumer surplus.
7) Analyze the behavior of firms in a monopoly or oligopoly, and calculate the resulting changes in producer or consumer surplus.
8) Understand consumer behavior under uncertainty.
9) Use economic tools to analyze economic policies.
01 Basic Concepts
1.1 Introduction
1.2 Supply and Demand
1.3 Elasticity
Test for chapter 1
02 Consumer Choice
2.1 Preferences
2.2 Utility
2.3 Budget Constraint
Test for chapter 2
03 Applying Consumer Theory
3.1 Constrained Consumer Choice
3.2 How Changes in Income Shift Demand Curve
3.3 Effects of a Price Change
Test for chapter 3
04 Firms and Production
4.1 Short Run Production
4.2 Long Run Production
4.3 Returns to Scale and Technical Change
Test for chapter 4
05 Costs
5.1 Short Run cost
5.2 Long Run Cost
5.3 Decisions of the Firm
5.4 PPF and Opportunity cost
Test for chapter 5
06 Perfectly Competitive Markets
6.1 Perfect Competition and Profit Maximization
6.2 Competition in the Short Run
6.3 Competition in the Long Run
6.6 Policies that affect Supply and Demand
6.5 Competition maximizes welfare
6.4 Consumer Welfare and Producer Welfare
Test for chapter 6
07 Imperfect Competition and Monopoly
7.1 Imperfect Competition
7.2 Monopoly Behavior
7.3 Market Failure and Government Actions
7.4 Pricing and Price Discrimination
Test for chapter 7
08 Game Theory
8.1 Introduction of game theory
8.2 Normal-form game
8.3 Strictly dominated strategy
8.4 Nash equilibrium
8.5 IESDS and Nash equilibrium
Test for chapter 8
09 Uncertainty
9.1 Introduction and Preliminary
9.2 Bayesian game
9.3 Bayesian Nash and IESDS
9.4 Risk aversion
Test for chapter 9
10 Factor Markets
10.1 Competitive Factor Markets
10.2 Monopsony
Test for chapter 10
教材：
Samuelson &Nordhaus, Economics 19E (双语注疏版)
参考资料：
Jeffrey M. Perloff, Microeconomics, 7th Ed, Pearson, 2014
Assistant Professor
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