ECE1010.01 - WELCOME TO ECONOMICS E-1010 MICROECONOMIC...

Info icon This preview shows pages 1–12. Sign up to view the full content.

View Full Document Right Arrow Icon
WELCOME WELCOME TO TO ECONOMICS ECONOMICS E- E- 1010 1010 : : MICROECONOMIC THEORY MICROECONOMIC THEORY Fall 2007 W, 7:35-9:35 Sever 202 Robert Neugeboren 51 Brattle St, Rm 522 TA: Rajiv Shankar W 3-4 and by app’t. [email protected] [email protected] Sections: Tu 6:30-7:30 or 7:30-8:30 Website: www.courses.fas.harvard.edu/ext/10782/
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Description Economics E-1010 presents the basic analytical tools of microeconomics. We will start by looking at the decision-making of individual consumers and ask how these decisions can be optimized, or improved. Next, we will look at how firms make and coordinate their decisions under varying market structures, including perfect competition and monopoly.
Image of page 2
Description Then we will look at strategic behavior in imperfectly competitive markets, making use of concepts from game theory such as Nash equilibrium. Finally, we will take up topics including (from among?) bargaining theory, information economics, externalities, public goods, and welfare analysis.
Image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Description ECE-1010 is taught at the intermediate level and is appropriate for students who have already completed a first-year “principles” course in microeconomics. Mathematical preparation at the level of basic algebra is a prerequisite, and familiarity with first-year calculus will be of help. Students will learn the key tools and principles economists apply to understand a wide range of phenomena, using graphical representations, some math, and plain logic to present the important ideas and solve basic microeconomic problems.
Image of page 4
Readings There are several good textbooks on intermediate microeconomics. Either of the following are recommended: Besanko & Braeutigam, Microeconomics , 2 nd (Wiley). Pindyck & Rubinfeld, Microeconomics,6 th (Prentice Hall). A good alternative is Varian, Intermediate Microeconomics . Students are expected to read the assigned chapters before the corresponding class session. From time to time, additional background references and supplementary readings may be assigned.
Image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Topics UNIT I CONSUMER CHOICE UNIT II FIRMS & MARKETS Nov 7 MIDTERM UNIT III MONOPOLY & OLIGOPOLY UNIT IV INFORMATION & WELFARE Jan 16 FINAL EXAM
Image of page 6
Topics UNIT I CONSUMER CHOICE P-R chapters 9/19 Introduction: What is Microeconomics? (1-2) 9/26 Theory of the Consumer (3) 10/3 Individual and Market Demand (4)
Image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Topics UNIT II FIRMS & MARKETS 10/10 Theory of the Firm (6) 10/17 Profit Maximization (7) 10/24 Perfect Competition (8-9) 10/31 Review 11/7 MIDTERM
Image of page 8
Topics UNIT III MONOPOLY & OLIGOPOLY 11/14 Monopoly (10-11) [11/21 THANKSGIVING] 11/22 Oligopoly (12) 12/5 Games and Strategic Competition (13) kkk
Image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Topics UNIT IV INFORMATION & WELFARE 12/12 Decision under Uncertainty (5) 12/19 Bargaining and Negotiation (17) 1/2 Externalities and Public Goods. (18) 1/9 Review 1/16 FINAL EXAM
Image of page 10
UNIT I:Theory of the Consumer Introduction: What is Microeconomics?
Image of page 11

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 12
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern