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Microeconomic theory I aims to model economic activities as the interaction of individual economic agents pursuing their private interests. Topics discussed include producer and consumer theory, competitive markets,market equilibrium under uncertainty, and welfare economics. Microeconomic Theory I itself will give you the basic idea of how competitive markets work.
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1. Introduction: Course guidance
2. Consumer Theory I: Budget Constraint
3. Consumer Theory II: Preferences, Utility
4. Consumer Theory III: Choice, Demand
5. Consumer Theory IV: Revealed Preference
6. Consumer Theory V: Slutsky Equation, Buying and Selling
7. Midterm Examination
8. Producer Theory I: Technology
9. Producer Theory II: Profit Maximization, Cost Minimization
10. Producer Theory III: Cost Curves
11. Producer Theory IV: Firm Supply, Industrial Supply
12. Uncertainty
13. Competitive Equilibrium I: Exchange
14. Competitive Equilibrium II: Exchange with Production
15. Welfare Economics
16. Final Examination
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This course aims to introduce you to the first-year graduate-level microeconomic theory. To gain a solid training in microeconomics, you are given the opportunity to apply the following five basic analytical frameworks to your research: (1) specification of economic environments, (2) imposition of behavioral assumptions, (3) adoption of economic institutional arrangements, (4) determination of equilibria, and (5) evaluation of outcomes resulting from an undertaken institution.
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Assignments (20% or 30%), a midterm exam (20%), a final exam (40% or 50%), and course attendance (10%).
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【成績評価の基準表】
| 秀(S) | 優(A) | 良(B) | 可(C) | 不可(F) |
| 履修目標を越えたレベルを達成している | 履修目標を達成している | 履修目標と到達目標の間にあるレベルを達成している | 到達目標を達成している | 到達目標を達成できていない |
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履修目標：授業で扱う内容（授業のねらい）を示す目標
到達目標：授業において最低限学生が身につける内容を示す目標
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Weekly lectures, handouts and problem sets (two or three times in the semester). Although we will mostly follow Varian's textbook, the lectures will sometimes deviate from the text. Attending the lectures and reading the corresponding chapters from the textbook will help you gain understanding of the concepts. Working on the homework assignments will help you make the crucial step from understanding the concepts toward being able to solve problems. Learning to solve problems is the key to doing well in this course.
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I would like to use some part of referenced textbooks to teach the topics of microeconomics which I referred.
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If you are not good at mathematics, Sydsaeter and Hammond's textbook will help you understand the mathematical models in economics.
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Knowledge of both basic calculus and linear algebra is a prerequisite for taking this course. An undergraduate-level course in Microeconomics is also desirable. I strongly recommend also registering for the Spring Semester course, "Mathematics for Economists."
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Mathematical modeling, Microeconomics
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I would strongly recommend registering for Microeconomics II because you will learn various topics about market failure. In addition, you should study the textbook and exercises by yourself. If you are concerned about your mathematical abilities which are a minimum requirement of this course, please consult with me.
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