Microeconomics II (Spring - Summer 25/26):

Solutions to problem sets:

• Course outline

• Tutorial 1: Technology - solutions

• Tutorial 2: Cost functions

• Tutorial 3: Cost minimization

Theory of Economic Integration (Spring - Summer 25/26):

Lecture slides and discussion materials:

• Course outline

• Lecture 1: Introduction and origins of the European Union

• Lecture 2: WTO and GATT

International Trade Policy labs (Spring - Summer 25/26):

Lab materials only:

• Course outline

• Lab 1: Gravity equation and basic facts about trade

• Lab 2: Data import

 Macroeconomics of Open Economy (Spring - Summer 24/25):

Presentations for selected topics:

• Tutorial 1:  Introduction and small open economy model

• Tutorials 2 + 3: Exchange rates

• Tutorials 4 + 5: National income and balance of payments

• Tutorial 6: Long-run exchange rate determination

Solutions to problem sets:

• Tutorials 1 + 3 (basic MOE model problems)

• Tutorials 4 + 5 (national income and BOP)

• Tutorial 6 (long-run exchange rate determination)

• Tutorial 7 (short-run exchange rate determination)

• Tutorial 8 (various problems on interest rates and exchange rates)

• Tutorial 9 (Marshall-Lerner condition)

• Tutorial 10 (Mundell-Fleming model)

• Extra problems

Computer lab:

• Lab description and tasks

• Materials

International Trade Theory (Autumn - Winter 24/25, 25/26):

• Syllabus

• 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: computer lab)

1. Materials

• 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

Written assignment guide:

• Formatting and layout

Colloquium preparation materials:

• Extra practice problems (Set 1 from 2023/2024)

• Extra practice problems (Set 2 from 2025/2026)

• Colloquium solutions  (from 2023/2024)

• Colloquium solutions (from 2025/2026)

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