syllabus (fall 2010)

syllabus (fall 2010) - MICROECONOMICS C30.0001.01 FALL 2010...

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M ICROECONOMICS C30.0001.01 F ALL 2010 MW 2:00-3:15 Course Instructor : Professor Simon Bowmaker Office Hours : Tuesday, 2:00 pm - 4:00 pm Office: KMC 8-58 E-mail address : sbowmake@stern.nyu.edu Teaching Assistants and recitations: All recitations take place in T-UC-11 Tuesday, 8 am to 9.15 am – Andrew Kloosterman ask384@nyu.edu Tuesday, 9.30 am to 10.45 am – Andrew Kloosterman Tuesday, 11 am to 12.15 pm – Lioubov Pogorelova lp1140@nyu.edu Tuesday, 2 pm to 3.15 pm - Lioubov Pogorelova Tuesday, 3.30 pm to 4.15 pm – Joseph Mullins josephlyonmullins@gmail.com Wednesday, 8 am to 9.15 pm – Lai Jiang, ljiang@stern.nyu.edu Wednesday, 9.30 am to 10.45 am – Lai Jiang Wednesday, 11 am to 12.15 am – Sarah Weltman, srw264@nyu.edu Wednesday, 3.30 pm to 4.45 pm - Ozgur Evren, oe240@nyu.edu Thursday, 8 am to 9.15 am – Michal Szkup, m.szkup@nyu.edu Thursday, 9.30 am to 10.45 pm – Michal Szkup Thursday, 11 am to 12.15 pm - Lioubov Pogorelova Thursday, 2 pm to 3.15 pm – Rodrigo Krell, rkrell@gmail.com Thursday, 3.30 pm to 4.15 pm - Rodrigo Krell Course Description Economics is the study of production and allocation of scarce resources, and how agents make decisions under conditions of scarcity and uncertainty. This course provides a rigorous introduction to economics, with special emphasis on microeconomics. It will introduce you to economics as a discipline and as a way of thinking. It will also provide you with a set of tools, which will be very useful in other economics courses. We will first study the behavior of individual consumers and firms. Then we will give you some insight into how markets work and whether market outcomes are desirable. We will also look at situations in which the firm is a monopolist, or competes with a limited number of rivals. Some of the key concepts we will introduce include economic incentives, marginal analysis, opportunity cost (which costs matter), market efficiency (what does it mean for a market to work) and strategic behavior (how to predict and respond to your rivals’ decisions). 1
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The tools that you will be acquainted with in this class are fundamental for most upper-division courses of the Economics major as well as classes in Finance, Accounting and Marketing. Textbook: Robert S. Pindyck, and Daniel L. Rubinfeld: Microeconomics (7th Edition), Prentice- Hall Series in Economics. The textbook can be bought at the NYU Bookstore. 1 Course Blackboard The course’s blackboard can be found at http://sternclasses.nyu.edu using your Stern netID/password and choosing the course titled Microeconomics. Please familiarize yourself with the course website ASAP. There you will be able to find among others: 1. Lecture notes, 2. Problem sets and keys to them, 3. Sample exams, 4. Announcements C20. Prerequisites:
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This note was uploaded on 10/25/2010 for the course ECONOMICS C30.-0001- taught by Professor Bowmaker during the Fall '10 term at NYU.

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syllabus (fall 2010) - MICROECONOMICS C30.0001.01 FALL 2010...

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