Advanced Microeconomics (ECON 370)

2021 Fall
Faculty of Arts and Social Sciences
Economics(ECON)
3
6.00 / 7.00 ECTS (for students admitted in the 2013-14 Academic Year or following years)
Mehmet Barlo barlo@sabanciuniv.edu,
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English
Undergraduate
ECON201 ECON204
Formal lecture
Interactive,Learner centered,Communicative
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CONTENT

Individual and social choice, uncertainty; core and competitive equilibrium; fundamental theorems of economics; partial equilibrium, cost-benefit analysis; topics in economics of information, dynamic competition, auction theory; topics in cooperative microeconomics network economics; topics in mechanism design

OBJECTIVE

The goal of this course is to introduce students to, and obtain their acquaintance with the formal methods of microeconomics theory. This is a serious course in which students ought to learn to understand microeconomics and its related fields. We are going to derive most of the results from primitives, and will not take any formulae as given. Moreover, we will associate what we have learnt with practical applications.

LEARNING OUTCOME

On completion of the course, students should be able to
a) Demonstrate a broad knowledge of some core topics in microeconomic theory (especially decision theory and general equilibrium theory),
b) Set up and solve sound microeconomic models analyzing specific problems and ideas,
c) Identify the standards to attend advanced specialized courses in each particular topic (especially specialized courses in decision theory and general equilibrium theory)
d) Analyze and solve complex problems accurately.

ASSESSMENT METHODS and CRITERIA

  Percentage (%)
Final 40
Midterm 40
Participation 5
Homework 15

RECOMENDED or REQUIRED READINGS

Readings

Lecture Notes that I will be providing.

Course Web SU Course