Microeconomics

Introductory course on Microeconomics for Master students in Institutions and Political Economy.

This course introduces the basic tools of microeconomic analysis to examine individual choices and the resulting market outcomes.

Course page

Enrolled students can access the course page on Campus Virtual.

Contents

Introduction to the course

• Introduction to the course

Consumer theory

• Preferences
• Rational choices
• Consumer problem
• Marshallian demands
• Giffen goods

Firm theory

• Technologies and profit maximization
• Cost minimization and individual supply

Markets

• Welfare under perfect competition
• Aggregate demand and aggregate supply
• Price interventions
• Monopolies
• Regulation of monopolies
• General equilibrium and efficiency
• General equilibrium and competitive markets
• General equilibrium and production