Consumer and Producer Theory

Syllabus

January 15 Set and Logic

• Readings: Supplement on Logic, Lecture 1 (Sections 1-2)

• Additional Readings: [O] A.1, [D]  1.1, 1.2, [JR] A1.1-1.2 

January 22 Logic (continued), Linear Structure: Vector Space, Linear Independence, Matrix Operations, and Convexity

• Readings: Supplement on Logic, Lectures 2 and 3

• Additional Readings: [SB] Chapter 6,8,10,11, 21; [O] Chapter F,  A.4, G, [K] Appendix 3, [JR] A1.4

Assignment 1 (Due on February 5)

January 29 No Meeting

Additional Reference:

• For consumer and producer theory:
  [K] David M. Kreps, Microeconomic Foundations I: Choice and Competitive Markets (Princeton University Press, 2013)

[OB] Osobrne, M. and Rubinstein, A., Models in Microeconomic Theory (Open Book Publishers, 2020)

[JR] Geoffrey A. Jehle and Philip J. Reny, Advanced Microeconomic Theory (3rd edition, Prentice Hall, 2011)

• For mathematics (and beyond):
  [O] Efe OK, Real Analysis with Economic Applications (Princeton University Press, 2007)
  [SB] Carl Simon and Lawrence Blume, Mathematics for Economists (Norton, 1994)
  [D] Gerard Debreu, Theory of value: An axiomatic analysis of economic equilibrium. (Yale University Press, 1959)