Syllabus_revised spring2012 - Econ 3130, Spring 2012, R....

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Econ 3130, Spring 2012, R. Masson Syllabus p. 1 Course Syllabus: Intermediate Microeconomics – Econ 3130 Professor: Robert Masson 440 Uris Hall rtm2@cornell.edu Office Hours: Thursdays 10:40-11:40 upon email request or I may not be there. Other times also available upon email request. Lecture: LEC002 RCK 122 MWF 11:15 - 12:05 Teaching Assistant: “Pin” Anuk Serechetapongse 447 Uris Hall as2266@Cornell.edu Office Hours: M 1-3, W 1-2 Sections: DIS220 F 1:25 - 2:55 GSH G24 DIS220 F 2:30 - 3:20 GSH G24 DIS220 F 3:35 - 4:25 GSH G24 Text: The assigned text is Varian’s Intermediate Microeconomics , 8 th edition. The 6 th and 7 th editions are adequate for your use, but numerous page references in the lecture notes will be hard to decode if you use the earlier editions. This is the #1 top selling Intermediate Micro book in the world. The text will be supplemented by lecture notes on BlackBoard, more on the relationship between lecture notes and the text will be addressed below. Varian’s 8 th edition costs $172.50 in hard copy, $114.99 for a downloadable copy you can keep forever or you can get 180 days of internet access for $57.49 see http://books.wwnorton.com/books/detail-formats.aspx?ID=22150 . Totally optional, and not part of the class readings, you may be interested in the Wall Street Journal , hard copy & on line. If there are interesting microeconomic applications this semester reported in the WSJ I may incorporate them into lecture, but you do not need to have the Journal . Student subscriptions are $29.95 for fifteen weeks or $99.95 for a year ( www.subscribe.wsj.com/semester ) or $8.49 a month if billed monthly ( http://subscribe.wsj.com/graduate ).
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Econ 3130, Spring 2012, R. Masson Syllabus p. 2 Description: Intermediate Microeconomics builds on basic concepts introduced in Introductory Economics (1010). We start with consumer and producer theory assuming that consumers maximize “utility” and producers maximize “profits.” We then analyze markets, from competitive through oligopolistic to monopoly (not in that order). These concepts are based on partial equilibrium , e.g., when we analyze the market for widgets we do not consider the implications for the gidgets market. So in the last part of the course we expand our inquiry to general equilibrium , where there are interactions between markets. Every topic area has implications for positive economics , the prediction of behavior, and normative economics , or notions of economic welfare. Intermediate Micro builds the bridge between the intuition of Intro and the more rigorous analysis of various topics courses like Game Theory, Public Finance, Industrial Organization, Development Economics, Labor Economics, Health Economics, etc. An important goal of this course is to be able to think like a micro economist.
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Syllabus_revised spring2012 - Econ 3130, Spring 2012, R....

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