Advanced Microeconomic Theory
Undergraduate Course, Nova School of Business and Economics, 2018
Teaching Assistant
Spring 2017; Spring 2018
Advanced tools for microeconomic analysis, including general equilibrium and welfare analysis, the identification of market failure and possible policy solutions, modeling strategic interaction and choice under uncertainty and applying these tools to situations of asymmetric information.
Course Content
1 General Equilibrium and Welfare (Exchange) | 1-1 General Equilibrium 1-2 Welfare |
2 Externalities and Public Goods | 2-1 Externalities 2-2 Public Goods |
3 Game Theory | 3-1 Static Games with Complete Information 3-2 Dynamic Games with Complete Information 3-3 Static Games with Incomplete Information 3-4 Dynamic Games with Incomplete Information |
4 Uncertainty | 4-1 Contingent Consumption 4-2 Expected Utility 4-3 Risk and Attitude towards Risk |
5 Asymmetric Information | 5-1 Moral Hazard 5-2 Mechanism Design and Auctions 5-3 Adverse Selection: signaling |
Bibliography
- Prajit K. Dutta, Strategies and Games - Theory and Practice, 1999, MIT Press
- Hal Varian, Intermediate Microeconomics: a Modern Approach, Norton, New York, 9th edition, 2014