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14.121 Microeconomic Theory IAs taught in: Fall 2009Level:Graduate
Instructors:
Prof. Parag Pathak

SES #

TOPICS

READINGS

L1-L4

Part 1: Demand theory

Required readings

Classical demand theory: [MWG] sections 2.B-2.E, 3.D-E, and 3.G-H.

Demand aggregation: [MWG] sections 4.A, 4.B, and 4.D.

Suggested readings

Price changes and welfare: [JR] section 4.3.1.

L5-L6

Part 2: Producer theory

Required readings

Monopoly pricing: [MWG] section 12.B and sections 5.B-5.C.

Competitive producer theory and robust comparative statics: [MWG] sections 5.B-5.C.

Athey, Susan, Paul Milgrom, and John Roberts. "Robust Comparative Statics." Unpublished monograph, 1998, sections 2.1, 2.2, and 2.6, pp. 1-8.

Suggested readings

L7

Part 3: Partial equilibrium competitive markets

Required readings

Competitive markets, externalities, and public goods: [MWG] chapters 10 and 11.

Suggested readings

Duality: [JR] section 4.1.

L8-L13

Part 4: General equilibrium

Required readings

General equilibrium theory: [MWG] chapters 15, 16, 17, and 18.

Suggested readings

Pure exchange, general equilibrium, the competitive firm, and perfect competition: [Kreps] chapters 6 and 8.（缺，因为没找到好的word版本，不过可以在论坛里搜到可阅读版）

Exchange, production, convexity, and uniqueness: [Varian] chapters 17, 18, and sections 21.2 and 21.3.

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