International Trade Theory and Policy (Autumn - Winter 24/25):

• Course outline

• Tutorial 0: Revision of basic microeconomics

• Tutorial 1: The gravity equation and its application

1. Solutions for T1

2. Estimation script (R)

• Tutorial 2: Ricardian model (part 1)

1. Solutions for T2

• Tutorial 3: Ricardian model (part 2)

1. Solutions for T3

• Tutorial 4: Specific factors model

1. Solutions for T4

2. R script that computes P given K/L ratio.

• Tutorial 5: Heckscher-Ohlin model (part 1)

1. Solutions for T5

• Tutorial 6: Heckscher-Ohlin model (part 2: GE model)

1. Solutions for T6

2. HOS model simulation

3. Lerner diagram extra reading (credit: Alan Deardorff)

• Tutorial 7: New Trade Theory (part 1: oligopoly)

1. Solutions for T7

• Tutorial 8: New Trade Theory (part 2: monopoly)

1. CES utility (separate solutions for i) two discrete goods, ii) N discrete goods, iii) elasticity, iv) continuum of goods)

2. Solutions for T8

• Tutorial 9: New Trade Theory (part 3: productivity)

1. Solutions for T9

• Tutorial 10: Multinational firm and foreign direct investment

1. Solutions for T10

• Tutorial 11: Trade policy (part 1)

1. Solutions for T11

• Tutorial 12: Trade policy (part 2)

1. Solutions for T12

• Extra practice problems

• Colloquium solutions

Microeconomics III (Autumn - Winter 23/24):

• Course outline

• Tutorial 1: Partial equilibrium

• Tutorial 2:  Government intervention

• Tutorial 3: General equilibrium (Additional graphs and geometric explanation: here [credit: Paolo Crosetto])

• Tutorial 4: Theorems of welfare economics 

• Tutorial 5: Production and general equilibrium

• Tutorial 6: Welfare

• Tutorial 7: Externalities - slides

• Tutorial 7: Externalities - problems

• Tutorial 8: Public goods - slides

• Tutorial 8: Public goods - problems

• Tutorial 9: Asymmetric information - adverse selection 

• Tutorial 9: Asymmetric information - signalling

Homework:

• Problem set 1 - Solutions

• Problem set 2 - Solutions

Presentation:

• Task description, format, structure, and tips

• Group assignments

Microeconomics I (Autumn - Winter 22/23):

• Course outline

• Tutorial 1: Consumer budget 

• Tutorial 2: Preferences . Side readings: convex sets, derivative tests (courtesy of UC Berkley and HEC Montreal)

• Tutorial 3: Utility 

• Tutorial 4: Choice 

• Tutorial 5: Demand 

• Tutorial 6: Revealed Preference 

• Tutorial 7: The Slutsky Equation

• Tutorial 8: Buying and Selling

• Tutorial 9: Consumer's Surplus 

• Tutorial 10: Assets (part 1: financial arithmetic)

• Tutorial 11: Assets (part 2:  interest rates, evaluation of stocks, bonds)

• Tutorial 12: Intertempolar choice and uncertainty

• Tutorial 13: Risky assets and market demand

Final test:

• Mock variant

Homework set 1 (Utility maximization):

• Variant I (for group 9:45-11:15) - Solution

• Variant II (for group 11:30-13:00) - Solution

Homework set 2:

• Variant I (for group 9:45-11:15) - Solution

• Variant II (or group 11:30-13:00) - Solution