Microeconomics review course 2017-2018
Diary of lectures
Lecture 1: Introduction, budget set, preferences, utilities.
Lecture 2: Marginal rate of substitution, Optimal choice.
Lecture 3: Normal goods, inferior goods, Giffen goods, Demand curve. Production set, production function.
Lecture 4: Profit maximisation problem.
Lecture 5: Cost minimisation problem. Perfect competition.
Lecture notes (last update: 14 September 2017)
Office hours
Wednesday, 9.00-11.00, or by appointment.
References
Varian, H.R. (2014), Intermediate Microeconomics. A modern approach, 8th, W.W. Norton & Company.