Microeconomics I (Advanced Microeconomic Theory)

Guest Instructor: 
Michael Zierhut
Christian Basteck
Dilip Ravindran
Kai Barron
Time I: 
Monday, 12:00pm to 04:00pm
Time II: 
Thursday, 02:00pm to 04:00pm
Description: 

This course is devoted to the core elements of microeconomics. We study both the economics of households and the economics of firms and introduce general equilibrium with particular attention to the two welfare theorems. We also examine decisions under uncertainty, introducing expected and non-expected utility theories. The analysis of choice under uncertainty leads to the examination of financial markets and to strategic interaction problems, which we introduce through the key notions in noncooperative game theory, in particular Nash equilibrium and its most important refinements. Also matching problems will be discussed.

Literature:
Mas-Colell, A., Whinston, M.D. and J.R. Green (1995), Microeconomic Theory, Oxford University Press

Time & venue:
Lectures: Mondays, 12:00-16:00 (starting on 25.10.2021); HU Berlin, Spandauer Str. 1, room 220 or online
Tutorials: Thursdays, 14:00-16:00 (starting on 28.10.2021), or Fridays, 16:00-18:00 (starting on 29.10.2021); HU Berlin, Spandauer Str. 1, room 125 (Thursdays) or room 21b (Fridays)

Exam:
4 written midterms and 1 written final exam

More information can be found on Moodle.

Credits: 
9.00
Semester: 
Fall 2021
Affiliation: 
Humboldt-Universität zu Berlin
Technische Universität Berlin
Wissenschaftszentrum Berlin für Sozialforschung