Intermediate Microeconomics Course
Lecture
Topic
1
Introduction and Mathematical Background
2
Consumer Problem: Budget Constraints and Revealed Preference
3
Consumer Preferences; Indifference Curves; Utility Functions; ConsumerOptimization
4
Two Solved Problems and One Policy Application of the Theory ofthe Consumer
5
Marshallian Demand Curves; Engel Curves
6
Hicksian Demand Curves; Slutsky Decomposition
7
Substitutes and Complements; Composite Commodities
8
Compensating variation; Equivalent variation; Consumer surplus
9
Measuring Market Demand Elasticities
10
Theory of the Firm: Technology
11
Theory of the Firm: Cost Minimization
12
Firm Objectives; Profit Maximization and Supply
13
Exchange; Edgeworth Boxes
14
Choice under Uncertainty
15
Partial Equilibrium; Tax Incidence
16
General Equilibrium; Walras’ Law
17
Welfare Properties of General Equilibrium
18
Externalities and Public Goods; Coase Theorem
19
Social Choice; Arrow’s Impossibility Theorem
(taught at UCLA Department of Economics--Spring 2001)