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Regular version of the site
Master 2021/2022

Microeconomics (Advanced Level)

Category 'Best Course for Broadening Horizons and Diversity of Knowledge and Skills'
Category 'Best Course for New Knowledge and Skills'
Area of studies: Economics
When: 1 year, 1, 2 module
Mode of studies: offline
Open to: students of one campus
Master’s programme: Applied Economics and Mathematical Methods
Language: English
ECTS credits: 6
Contact hours: 52

Course Syllabus

Abstract

This course covers the essential core of the first part of modern microeconomic theory including consumer theory, firm theory, and general equilibrium. Lectures; Seminars (discussions; work in groups)
Learning Objectives

Learning Objectives

  • get an idea of ​​the principles and aspects of analysis
Expected Learning Outcomes

Expected Learning Outcomes

  • understanding of the principles and methods of analyzing how economic decisions are made by households and firms, and how they interact to determine the quantities and prices of goods and the allocation of resources in equilibrium.
Course Contents

Course Contents

  • The Consumer Theory
  • The Producer Theory
  • Partial equilibrium
  • General equilibrium
  • Introduction to imperfect competition
Assessment Elements

Assessment Elements

  • non-blocking Interim written assignment
  • non-blocking Individual weekly homework assignments
  • non-blocking In-class participation
  • non-blocking Exam
Interim Assessment

Interim Assessment

  • 2021/2022 2nd module
    0.41 * Exam + 0.25 * Individual weekly homework assignments + 0.05 * In-class participation + 0.29 * Interim written assignment
Bibliography

Bibliography

Recommended Core Bibliography

  • Andrew F. Daughety, & Jennifer F. Reinganum. (2010). Public Goods, Social Pressure, and the Choice between Privacy and Publicity. American Economic Journal: Microeconomics, (2), 191. https://doi.org/10.1257/mic.2.2.191
  • Burkett, J. P. (2006). Microeconomics: Optimization, Experiments, and Behavior. Oxford University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.oxp.obooks.9780195189629
  • Microeconomics (Advanced): A Textbook. (2019). Europe, Europe. https://doi.org/10.5281/zenodo.3457358

Recommended Additional Bibliography

  • Ariel Rubinstein. (2012). Lecture Notes in Microeconomic Theory: The Economic Agent Second Edition. Princeton University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.pup.pbooks.9742
  • Hugh Gravelle, & Ray Rees. (2004). Microeconomics. Harlow: Financial Times/ Prentice Hall. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1417798

Authors

  • KONOVALOV ALEKSANDR VIKTOROVICH