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Магистерская программа «Экономика: исследовательская программа»

Advanced Microeconomics

2019/2020
Учебный год
ENG
Обучение ведется на английском языке
6
Кредиты
Статус:
Курс обязательный
Когда читается:
1-й курс, 1, 2 модуль

Преподаватели

Программа дисциплины

Аннотация

The course explores classical tools of microeconomic analysis. It examines how economic decisions are made by households and firms, and how they interact to determine quantities and prices of goods and the allocation of resources. Prerequisites: • Multivariable calculus, constraint optimization (method of Lagrange multipliers and Karush-Khun-Tucker conditions); • Basic algebra.
Цель освоения дисциплины

Цель освоения дисциплины

  • to provide students with the knowledge of core concepts and models in the field of microeconomics
  • to provide students with the knowledge of basic microeconomic models' assumptions, internal logic and predictions
  • to develop students' ability to apply the knowledge acquired to the analysis of specific economic cases
Результаты освоения дисциплины

Результаты освоения дисциплины

  • be familiar with the main elements and techniques of microeconomic theory at intermediate level
  • be able to solve and interpret stylized problems based on microeconomic models
  • be able to use these models to analyze real-world microeconomic phenomena and to evaluate issues of microeconomic policy
Содержание учебной дисциплины

Содержание учебной дисциплины

  • Topic 1. Preferences. Utility representation. Consumer’s problem. Revealed preferences
  • Topic 2. Utility maximization. Expenditure minimization. Duality in consumption. Income and substitution effects
  • Topic 3. Preferences over lotteries. Expected utility. Representation. Risk aversion. Stochastic dominance
  • Topic 4. Technologies. Returns to scale. Competitive firm problem
  • Topic 5. Cost minimization. Conditional input demands. Complements and substitutes. Short run and long run duality in production
  • Topic 6. Perfect competition. Short run and long run equilibrium. Monopoly. Welfare analysis
  • Topic 7. Cournot competition. Bertrand competition. Monopolistic competition
  • Topic 8. 2 by 2 exchange economy. Edgeworth box. Existence of general equilibrium. Efficiency. Welfare Theorems
  • Topic 9. Robinson Crusoe Economy. 2 by 2 production model. General equilibrium in production economy. Existence and efficiency
  • Topic 10. Contingent commodities. Arrow-Debreu equilibrium. Sequential trade and. Incomplete markets
  • Topic 11. Externalities. The tragedy of the commons. Pigouvian taxation. Coase Theorem
  • Topic 12. Adverse selection
Элементы контроля

Элементы контроля

  • Home assignments (неблокирующий)
    6 problem sets with the weights of 5% each
  • Midterm tests (неблокирующий)
    2 tests with the weights of 15% each
  • Final test (неблокирующий)
Промежуточная аттестация

Промежуточная аттестация

  • Промежуточная аттестация (2 модуль)
    0.4 * Final test + 0.3 * Home assignments + 0.3 * Midterm tests
Список литературы

Список литературы

Рекомендуемая основная литература

  • Advanced Microeconomic Theory, 3rd ed., 656 p., Jehle, G. A., Reny, P. J., 2011
  • Advanced microeconomic theory, Jehle G. A., Reny P. J., 2011

Рекомендуемая дополнительная литература

  • Mas-Colell, A., Whinston, M. D., & Green, J. R. (1995). Microeconomic Theory. Oxford University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.oxp.obooks.9780195102680