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Unformatted text preview: A Brief Introduction to Microeconomic Theory by Matthew J. Baker September 1, 2009 Copyright c circlecopyrt 2008 Matthew J. Baker iii Preface I developed this book from my lecture notes for my onesemester microeco nomics course for masters students that I have taught since the Fall of 2007 at Hunter College. I developed my notes into a book for two primary reasons. First, while there are a number of excellent books available at the appropriate technical level, existing books tend to be too lengthy for our rather timeconstrained students. I therefore felt that a more compact exposition of the subject matter would be useful. Second, the strength of our masters program at Hunter is applied econometrics. The typical microeconomic theory book has little to say about how the theory is to be applied to data, so I felt that it would be useful to direct material towards econometric application. Microeconomic theory is a mathematical subject and this book is no ex ception. The required technical background is standard. The student is as sumed to be familiar with basic multivariate calculus. Some familiarity with partial differentiation and constrained optimization should suffice. I might also mention that the student will derive greater benefit from this book if they have previously taken an undergraduate course in microeconomics, and also have some experience with basic statistics and multivariate regression analysis. iv...
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 Fall '09
 Partha
 Microeconomics

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