Microeconomic Theory

3 credits · Graduate

This course in microeconomic theory is required in the MA program. Subjects covered include: 1) theory of the firm (technology, cost, profit, maximization, introduction to linear programming, duality, supply); 2) theory of the consumer (utility, expected utility, revealed preferences, demand, integrability); 3) general equilibrium (existence, uniqueness, stability) and welfare economics (classical theorems); 4) theory of the market (pure monopoly, oligopoly, monopolistic competition, game theory). FORMATS: Lecture