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Microeconomic Theory - Advanced Academic …

Dr. Frank D. Weiss AY 2014 2015. Program in Applied Economics Fall Semester Microeconomic Theory Course Outline This course is about human decision making in the face of scarcity. Topics include: choice and demand; production and cost; the firm and market structure; and market failure. Game Theory is introduced, as is uncertainty and asymmetric information. Course Requirements Problem sets, midterm exam, and final exam will each account for of the grade. Six problem sets will be handed out; each is due at the following class meeting. You are encouraged to work on the problem sets in groups of three. Each group need hand in only one neat and legible copy of the answers. Therefore, groups must remain stable, and late homework is not accepted. Class participation is welcome anytime. Contact Office: BOB, Rm 104-R on M, W afternoons by appointment. e-mail: Prerequisites Principles of microeconomics , and Math Methods, or equivalent.

Walter Nicholson, Christopher M. Snyder, Microeconomic Theory: Basic Principles and Extensions, 11th ed., South-Western College Publishers 2012, is the required text and is genuinely recommended for purchase.

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