Microeconomic Theory III

3-0-3 units · Graduate

Models of individual decision-making under certainty and uncertainty. Additional topics in game theory. Enrollment limited.

Spring 2015

This course covers models of individual decision-making under certainty and uncertainty. Applications include risk sharing and financial markets; contracts and information economics; village economies and national development; models with money and credit; trade, spatial economics and differentiated commodities.

Readings

Savage, Leonard J. The Foundations of Statistics . Dover Publications, 1972. ISBN: 9780486623498. [Preview with Google Books ] ↗
Listed reading
Mas-Colell, Andreu, Michael D. Whinston, and Jerry R. Green. Microeconomic Theory . Oxford University Press, 1995. ISBN: 9780195073409.
Listed reading
Kreps, David M. Microeconomic Foundations I: Choice and Competitive Markets . Princeton University Press, 2012. ISBN: 9780691155838. [Preview with Google Books ] ↗
Listed reading

Prerequisites & course information

Prereq: 14.121 , 14.122 , and permission of instructor G (Spring; first half of term) 3-0-3 units

Sources

Course catalogue ↗2026–2027
MIT OpenCourseWare ↗Spring 2015
MIT OCW syllabus ↗
Historical MIT OpenCourseWare offering. Named reading entries and schedule topics are automatically extracted from the linked source pages.