ECONOMICS 281, Section A3
INTERMEDIATE MICROECONOMIC THEORY I
Dr. Valentina Galvani
Rm. 7-27 Tory
Office Phone: 492-1477
Monday, Wednesday, and Friday 13:00 (1 pm), Rm. TB W 1.
Rm. 7-27, Tory, on Monday from 2 to 3 pm, or by appointment (send me an e-
mail to schedule an appointment).
General Office contact: 492-3406 (Please note the Economics General Office 8-14 is closed
Besanko, D., and Braeutigam, R., 3
, Wiley & Sons,
Inc. Note: You can purchase the Binder Version directly from Wiley, if you wish,
at about 35% discount.
Weekly Discussion Sessions
Starting from the second week of classes, one of the Econ 281 TAs will be conducting weekly
discussion sessions. While attendance is not mandatory, I strongly recommend you to take the
time to participate. Discussion groups are scheduled for each week day at 4:00 to 4:50 PM and
5:00-5:50 PM in room T1-96 and each day 5:30-6:20 PM in room T1-90. Problem sets and
assigned readings for the discussion groups will be announced in class, and will be available on
the course webpage. Additional details will be provided in class.
Econ 281 is intended to introduce you to microeconomic theory and its application in everyday
life. The course will explain how individual consumers and producers together determine the
prices and quantities of goods available in the marketplace. We will investigate the underlying
incentives of consumers to buy output and of firms to produce products that satisfy consumer
demand. In addition, we will look at the effects of lack of competition from a welfare
: Economics 101 or an equivalent course. Note:
The Department may cancel your
registration if you do not meet this prerequisite.
The textbook is required.
The textbook publisher also offers a Study Guide (Microeconomics, Study Guide, ISBN 0-471-
70968-9). The Study Guide is NOT required for this course.
During the exams you will need a calculator.
This course makes an
use of the e-class website. The following course material will be
posted on e-class: marks, lectures’ Power Point presentations, additional exercises (with
solutions), solutions of the textbook problems and
. Check out the course
announcements quite frequently, please.