Бакалавриат
2023/2024
Микроэкономика II
Статус:
Курс обязательный (Международный бакалавриат по бизнесу и экономике)
Направление:
38.03.01. Экономика
Кто читает:
Департамент экономики
Где читается:
Санкт-Петербургская школа экономики и менеджмента
Когда читается:
2-й курс, 2, 3 модуль
Формат изучения:
без онлайн-курса
Охват аудитории:
для всех кампусов НИУ ВШЭ
Преподаватели:
Буглевский Евгений Александрович,
Бутуханов Александр Владимирович,
Коновалов Александр Викторович,
Максимцева Анна Викторовна,
Роспускова Ольга Дмитриевна,
Рубцова Софья Валентиновна,
Серебренников Иван Андреевич,
Слепов Фёдор Антонович,
Торпищев Тимур Ринатович
Язык:
английский
Кредиты:
6
Контактные часы:
96
Course Syllabus
Abstract
The compulsory course is taught to the undergraduate students. The learning goals for this course include: familiarizing students with basic concepts of the microeconomic theory, development skills of formal analysis of economic processes and phenomena at the micro level using models of the behavior of economic agents (consumers, firms, government), and using economic theory to understand and evaluate policy proposals. It is assumed that students know the basics of differential calculus, optimization theory, and probability theory studied before.
Learning Objectives
- Develop a rigorous framework for modeling individual and strategic decision-making
- Analyze market structures ranging from perfect competition to strategic oligopoly
- Investigate ricing power, price discrimination, and nonlinear pricing mechanisms
- Examine interconnected markets through general equilibrium and welfare analysis
- Explore modern market phenomena including vertical relations, network effects, and bargaining
Expected Learning Outcomes
- student will be able to formulate basic theories and models of microeconomics; to apply the various general equilibrium and trade theorems in order to predict the consequences of policy changes
- to explain economic outcomes using the basic theories of risk, externalities, public goods, and oligopoly
- to know the behavioral assumptions economics makes about consumers and firms
- to use a Lagrange method, solve the system of first-order conditions to get a solution to a model, and analyze properties of the solution
- to differ sequential and simultaneous games, and define Nash equilibrium
Course Contents
- Budget Constraint
- Preferences and Utility
- Consumer Choice and Demand
- Revealed Preference
- Income and Substitution Effects, and Slutsky Equat
- Consumer Surplus
- Endowment: Buying and Selling
- Production Functions
- Cost Functions
- Profit Maximization
- Partial Equilibrium
- General Equilibrium and Welfare
- Monopoly and Price Discrimination
- Oligopoly, Collusion, Horizontal Mergers
- Factor Markets and Bargaining
Assessment Elements
- Final examThe assessment criteria for the mid-term and final exams are detailed solution that includes all the necessary formulas and calculations; graphs illustrating the problem with all the symbols; correct choice of the model for analysis; correct answer; interpretation of the results. The maximal grade for the final exam and each mid-term is 10 points.
- Mid-term exam
- Seminars
- Quizzes
Interim Assessment
- 2023/2024 3rd module0.4 * Final exam + 0.2 * Mid-term exam + 0.2 * Mid-term exam + 0.05 * Quizzes + 0.15 * Seminars
Bibliography
Recommended Core Bibliography
- 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
- Intermediate microeconomics with calculus, Varian, H., 2014
- Microeconomic theory: basic principles and extensions, Nicholson, W., 2016
Recommended Additional Bibliography
- Microeconomics: theory and applications with calculus, Perloff, J. M., 2017
- Schwartz, R. A., Maksimenko, T., & Carew, M. G. (2010). Micro Markets Workbook : A Market Structure Approach to Microeconomic Analysis. Hoboken, N.J.: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=319450