Advanced Microeconomics
Content [General Information | Schedule | Readings | Content]
Announcements
02.02: If you wish to inspect your exam, please write an email to dani.mueller-at-unibas.ch. It will take place on February 4th in the morning. The exact time and place will be given to you by email.
Schedule
15.09. | Introduction (beginning: 09.15) |
| |
21.09. | Decision Theory (JR 3-46; R 1-55) |
22.09. | Decision Theory |
28.09. | Decision Theory |
29.09. | Rational Choice under Uncertainty (JR 92-112; R 93-105) |
05.10. | Rational Choice under Uncertainty |
06.10. | |
| |
12.10. | Perfect and Imperfect Competition (JR 153-175) |
13.10. | |
19.10. | General Equilibrium Theory - Part 1 (JR 181-220) |
20.10. | Exercise III (solutions) optional: Optimization (Jehle, Reny 498-509) |
26.10. | General Equilibrium Theory - Part 2 (JR 181-220) |
27.10. | General Equilibrium Theory - Part 3 (JR 181-220) |
| Game Theory |
02.11. | Static Games with Complete Information (JR 267-281; G 1-12, 29-48) |
03.11. | |
09.11. | Static Games with Complete Information // |
10.11. | |
16.11. | Dynamic Games with Complete Information |
17.11. | Dynamic Games with Complete Information |
23.11. | |
24.11. | |
30.11. | Static Games with Incomplete Information |
01.12. | |
07.12. | Static Games with Incomplete Information |
08.12. | Static Games with Incomplete Information |
14.12. | Static Games with Incomplete Information |
15.12. |
Readings
The lecture is based on:
Advanced Microeconomic Theory (Pie) (JR)
Author: Geoffrey A. Jehle, Philip J. Reny
Publisher: Pearson Education
ISBN: 0321204530 Paperback
0321079167 Hardback
Author: Gibbons Robert
Publisher: Pearson Education
ISBN: 0745011594 Paperback
Lecture Notes in Microeconomic Theory (R)
Author: Rubinstein Ariel
Publisher: Princeton University Press
Further readings:
Microeconomic Theory (MWG)
Author: Andreu Mas-Colell, Michael D. Whinston, Jerry R. Green
Publisher: Oxford University Press
ISBN: 0195102681 Paperback
Links
Microeconomic Theory
Publisher's information: http://www.oup.co.uk/isbn/0-19-510268-1
A Primer in Game Theory
Publisher's information: http://vig.pearsoned.co.uk/catalog/academic/product/
0,1144,0745011594,00.html
Advanced Microeconomic Theory
Publisher's information: http://vig.pearsoned.co.uk/catalog/academic/product
0,1144,0321079167,00.html
Companion Site:
http://wps.aw.com/aw_jehlereny_advmicro_2.
Content
The lecture series begins with an introduction to Decision Theory. Decision Theory is concerned with identifying the principles governing people?s decisions in non-strategic situations. Building on from this, Equilibrium Theory for competitive markets is discussed. This is approached from the perspective of so-called ?General? Equilibrium Theory. Important applied fields of General Equilibrium Theory are Macroeconomics, Financial Market Theory and Classical International Trade Theory. Game Theory, which is subsequently dealt with, has recently grown in importance significantly and has become firmly established in economics as an analytical tool. It is a theory that makes predictions about the strategic interactive behavior of economic agents. Game Theory has wide applications in business administration and macroeconomics.
Letzte Änderung: 27.09.2009
