| Class # | Date | Topics | Slides |
| 1 |
Tuesday, September 3 | Marshallian Theory, Budget Constraints |
9/03 |
| 2 |
Thursday, September 5 | Utility Functions - Properties and Examples |
9/05 |
| 3 |
Tuesday, September 10 | Theory of Consumer Behavior, Properties of Demand Functions, Effects of income changes |
9/10 |
| 4 |
Thursday, September 12 | Own-price Effect, Compensated Demand Functions, Slutsky Equation |
9/12 |
| 5 |
Tuesday, September 17 | Derivation of Compensated Demand Functions, Welfare Measurement, Compensating & Equivalent Variations |
9/17 |
| 6 |
Thursday, September 19 | Cross-price Effects, Interpretation of Lagrange multiplier, Revealed Preference |
9/19 |
| 7 |
Tuesday, September 24 | Revealed Preference and Welfare, Taxes and Subsidies, Price Indexes, Labor Supply |
9/24 |
| 8 |
Thursday, September 26 | Demand with Home Production, Intertemporal Choice, Production Function and its properties |
9/26 |
| 9 |
Tuesday, October 1 | Cost Functions and Cost Curves, Relationship between TC, AC and MC, Cost Function for the Cobb-Douglas case |
10/01 |
| 10 |
Thursday, October 3 | Cost Functions for Leontief and Linear Production Functions, Firm Supply in the Short Run and Long Run |
10/03 |
| 11 |
Tuesday, October 8 | No Slides (Competitive Markets, the effects of taxes in Competitive Markets) |
n.a. |
| 12 |
Thursday, October 10 | Effect of Taxes (continued), Demand for Labor, Intertemporal Aggregation and the Demand for Capital |
10/10 |
| 13 |
Thursday, October 17 | The Allocation Problem in General Equilibrium, Consumption Efficiency and the Edgeworth Box |
10/17 |
| 14 |
Tuesday, October 22 | Walrasian Equilibrium, Production and Product-Mix Efficiency, Optimality Theorems |
10/22 |
| 15 |
Thursday, October 24 | Uncertainty and the Expected Utitlity Hypothesis, State-contingent approach to expected utility |
10/24 |
| 16 |
Tuesday, October 29 | Risk pooling and Risk spreading, Adverse Selection and Moral Hazard |
10/29 |
| 17 |
Thursday, October 31 | Principal-Agent Problems, Prospect Theory, Monopoly, Multi-plant Monopoly, Cartels |
10/31 |
| 18 |
Tuesday, November 5 | Two-part Pricing, First, Third and Second Degree Price discrimination, Limit Pricing |
11/05 |
| 19 |
Thursday, November 7 | Price Leadership Model, Monopsony, Natural Monopoly and Regulation (No Slides Available) |
n.a. |
| 20 |
Tuesday, November 12 | Peak-Load Pricing, Bilateral Monopoly, Theory of Games |
11/12 |
| 21 |
Thursday, November 14 | Monopolistic Competition, Cournot and Stackelberg Models |
11/14 |
| 22 |
Tuesday, November 19 | Bertrand Competition, Introduction to Externalities |
11/19 |
| 23 |
Thursday, November 21 | Pigouvian Taxes and Effluent Fees, Coase Theorem |
11/21 |
| 24 |
Tuesday, November 26 | Common Property Externalities, Public Goods |
11/26 |
| 25 |
Tuesday, December 3 | Social Choice, Review |
12/03 |
| 26 |
Thursday, December 5 | Review, problems 7.10, 9.8, 11.10, 12.2 |
12/05 |
| 27 |
Tuesday, December 10 | Review, problems 8.8, 9.2, 9.10, 9.12, 10.2, 10.3, 9.7 |
12/10 |