Advanced Micro

links and files

• my intro to micro course
• problem set (PDF)
• my notes on problem one (PDF)
• my budget constraint notes (wxM)
• my profit maximization notes (wxM)

course outline

• lecture 1 -- introduction and math review
• read Pindyck and Rubinfeld, chap. 1
• read my Lecture 1 (PDF)


• lecture 2 -- "Robinson Crusoe models" and consumer preference
• read Pindyck and Rubinfeld, chap. 2 and chap. 3
• read my Lecture 2 and Lecture 5 (PDF)
• read my Robinson Crusoe Model
• alt.: Robinson Crusoe Model (PDF)


• lecture 3 -- supply and demand relationships
• read my Lecture 3 (PDF)


• lecture 4 -- consumer demand and decision making under uncertainty
• read Pindyck and Rubinfeld, chap. 4 and chap. 5
• read my Examples of Income and Substitution Effects (PDF) (reference: math notes)
• read my notes on income and substitution effects (PDF)
• read my notes on the elasticity of substitution (PDF)


• lecture 5 -- elasticity
• read my Lecture 4 (PDF)


• lecture 6 -- the production process: the cost-minimization problem
• read Pindyck and Rubinfeld, chap. 6
• read my Lecture 6 (PDF)


• lecture 7 -- the production process: the profit-maximization problem
• read Pindyck and Rubinfeld, chap. 7 and chap. 8
• read my Lecture 7 and Lecture 8 (PDF)
• read my Notes on Profit-Maximization (PDF)


• lecture 8 -- monopoly and monopsony
• read Pindyck and Rubinfeld, chap. 10
• read Krugman and Obstfeld, chap. 6

textbooks

• Pindyck and Rubinfeld's Microeconomics
• my micro lecture notes (PDF)