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Course title |
Microeconomic Theory (Ⅰ) |
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Semester |
110-1 |
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Designated for |
COLLEGE OF MANAGEMENT GRADUATE INSTITUTE OF INTERNATIONAL BUSINESS |
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Instructor |
HENDRIK ROMMESWINKEL |
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Curriculum Number |
ECON7011 |
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Curriculum Identity Number |
323EM0610 |
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Class |
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Credits |
4.0 |
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Full/Half
Yr. |
Half |
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Required/
Elective |
Required |
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Time |
Wednesday 6,7,8(13:20~16:20) Friday 9,10(16:30~18:20) |
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Remarks |
Restriction: MA students and beyond OR Restriction: Ph. D students
The upper limit of the number of students: 80. |
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Course
Website |
https://cool.ntu.edu.tw/courses/3913 |
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Course introduction video |
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Table of Core Capabilities and Curriculum Planning |
Table of Core Capabilities and Curriculum Planning |
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Course Syllabus
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Please respect the intellectual property rights of others and do not copy any of the course information without permission
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Course Description |
The course trains introduces students to the basic methods of economic theory. Emphasis is put on mathematical rigor and the ability of students to transfer real world situations into economic models. Topics discussed are preferences, consumer choice, and general equilibrium theory. |
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Course Objective |
At the end of this course, students should be able to: 1) solve economic models for certain key variables such as consumption, expenditures, etc., 2) prove abstract properties of economic models such as optimality of equilibria, 3) create their own economic models.
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Course Requirement |
待補 |
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Student Workload (expected study time outside of class per week) |
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Office Hours |
Wed. 15:00~16:20
Mon. 18:30~19:30 Note: or by appointment |
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References |
Required readings
Rubinstein, A. (2012). Lecture notes in microeconomic theory: the economic agent (2019 Update of 2nd ed.).
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Designated reading |
Required readings
Rubinstein, A. (2012). Lecture notes in microeconomic theory: the economic agent (2019 Update of 2nd ed.).
Extension readings
Students having difficulties with the required readings may consider for reference and more detailed explanations
Mas-Colell, A., Whinston, M. D., & Green, J. R. (1995). Microeconomic theory. New York: Oxford university press.
Other extension readings will be provided in class.
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Grading |
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No. |
Item |
% |
Explanations for the conditions |
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1. |
Final Exam |
80% |
Final Exam |
2. |
Homework |
20% |
Homework (as bonus points for the final exam) |
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Week |
Date |
Topic |
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Week 1 |
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Part I: Week 1~ 9
Consumer Theory (Rubinstein Lecture Notes)
Class 1: Preferences (Chapter 1), |
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Week 2 |
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Class 2: Utility (Chapter 2) |
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Week 3 |
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Class 3: Choice (Chapter 3) |
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Week 4 |
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Class 4: Consumer Preferences (Chapter 4) |
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Week 5 |
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Class 5: Consumer Choice (Chapter 5)
Self-study: Production (Chapter 6) |
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Week 6 |
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Class 6: Expected Utility (Chapter 7) |
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Week 7 |
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Class 7: Risk Aversion (Chapter 8) |
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Week 8 |
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Class 8: Social Choice (Chapter 9) |
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Week 9 |
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Class 9: Midterm Exam |
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Week 10 |
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Class 10: Introduction to game theory, iterated strict dominance, and rationalizable behavior |
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Week 11 |
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Class 11: Nash equilibrium |
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Week 12 |
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Class 12: Extensive-form games, subgame-perfect equilibrium, and Kuhn's theorem |
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Week 13 |
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Class 13: Multi-stage games, bargaining, and introduction to incomplete information |
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Week 14 |
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Class 14: Bayesian games and Bayesian Nash equilibria |
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Week 15 |
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Class 15: Perfect Bayesian equilibrium, sequential equilibrium, and signaling games |
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Week 16 |
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Class 16: Screening games, a.k.a., contract theory |
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Week 17 |
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Final exam |