Microeconomics I Course



Term I 2010-2011 WISE, Xiamen University

Professor Jason Shachat

A403, Economics Building

Jason.Shachat@gmail.com

Consultation by appointment (arrange by e-mail)






Course Syllabus



Lecture Notes



Introduction to utility: Utility I,
Utility II

Indifference Curves and Budget Sets: ICBS

Utility Maximization and Consumer Choice: UMC (Updated)

Comparative Statics of Consumer Choice: CSC Part 1

Elasticity Definition and Application to Consumer Choice Elasticity

Revealed Preference and Index Numbers RP Part 1(powerpoint), RP Part 2

Production Functions ProdFun

Cost Minimization and Cost Functions (Costs I), (Costs II)

Profit Maximization, Supply, and Profit Function (Profit) (Updated)

Choice Under Uncertainty (Intro) (Part 2) (Part 3)

Game Theory (Multi-person decision problems) (Normal Form Games) Updated (2010/12/27)

Dynamic Games (Extensive Form Games)





Problem Sets




Problem Set I. (PDF)

Problem Set II. (PDF)

Problem Set III. (PDF)

Problem Set IV. (PDF)

Problem Set V. (PDF)

Problem Set VI. (PDF)

Problem Set VII. (PDF)

Problem Set VIII. (PDF)

Problem Set IX. (PDF)

Problem Set X. (PDF)

Problem Set XI. (PDF)

Problem Set XII. (PDF)





Solutions

1.
Quiz 1
(PDF)

2.
Quiz 2
(PDF)

3.
Quiz 3
(PDF)

4.
Quiz 4
(PDF)

5.
Midterm
(PDF)

6.

Quiz 5
(PDF)

7.
Quiz 6
(PDF)









Announcements



1. There will be a make-up lecture at Economic Building，Nov 1st 2:30pm-4:10pm.

2. The midterm exam is scheduled for Nov. 11, 2:30 – 4:10 PM

3. Supplementary Reading: Giffen Good in animal experiments. (PDF)