微经材料祝好课件micro chapter.pptxVIP

Li-An ZhouGuanghua School of ManagementPeking UniversityIntermediate MicroeconomicsIntroduction The course will cover the basic principles of microeconomics, but in a more formal and structured way than the introductory economics doesClassical price theory (consumer choice, producer theory, market equilibrium analysis)Monopoly and OligopolyGame theory and information economicsMarket failure (externality and public goods)Welfare economicsIntroduction Demonstrate the beauty and rigor of microeconomic theoriesAlso apply these analytical tools to the real world and use many real world examples to show the relevance and power of economic thinkingThe principles we will cover in this course provide the foundation of almost all theories in modern economics.TextbooksThe main textbook I will use for this class is Intermediate Microeconomics by Hal Varian I may also turn to the following two texts for referenceMicroeconomics by Robert Pindyck and Daniel RubinfeldMicroeconomic Theory by Walter Nicholson. Grading PolicyThere will be five homework assignments graded on a check, check-plus basis. They will count for 20 percent of the final gradeYou can drop one of them. Late problem sets will not be accepted. No exceptions.You will have a final exam (accounting for 80 percent) which is in-class and closed-bookOffice hoursMy office hours: 2-4 pm, Sunday, Rm. 405, Guanghua New BuildingMy contact info: mailto:zhoula@zhoula@, Tel: 6275-0431TA will also hold office hours every week, and TA sections (details to be announced later in class)Chapter 1What is Economics?What does Economics study?Lionel Robbins (1935): allocation of scarce resourcesGary Becker (1976): any human behavior related to the allocation of scarce resourcesFamily and marriageCrime, religion, …LawMethodological FeaturesRationality: maximizing the object function of the decision-makerIt’s not necessarily selfishness and can be consistent with altruismA kind of simplification: we care about average behavior of peopleWe