Advanced Microeconomics I
Primary Reference:
[D] Gerard Debreu, Theory of value: An axiomatic analysis of economic equilibrium. (Yale University Press, 1959)
Additional Reference:
For consumer and producer theory:
[K] David M. Kreps, Microeconomic Foundations I: Choice and Competitive Markets (Princeton University Press, 2013)
[OB] Osborne, 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 general equilibrium theory:
[B] Truman Bewley, General Equilibrium Theory, Overlapping Generations Models, and Optimal Growth Theory (Harvard University Press, 2010)For mathematics:
[O] Efe OK, Real Analysis with Economic Applications (Princeton University Press, 2007)
[SB] Carl Simon and Lawrence Blume, Mathematics for Economists (Norton, 1994)
February 1st: Logic, Sets, and Linear Subspace
Readings: Logic (Section 1.1-1.7, 1.9, 1.12), Lecture 1 (Section 1, 2.1, 2.2), Lecture 2 (Section 1.1)
February 8th: Linear Algebra
Readings: Lecture 2
February 15th: Convexity and Differentiability
Readings: Lecture 3 (before Section 2.1), Lecture 4 (Section 1, 3), Lecture 5
February 22nd: Convex Optimization
Readings: Lecture 6 (Section 1.1, 1.2, 2.1,2.2)
March 1st: Consumer's problem and Cost Minimization Problem
Readings: Lecture 6 (Section 2.3.2), Lecture 7, Lecture 8 (Section 1,2,3)
March 8th: Comparative Statics and Consumer's Welfare
Readings: Lecture 8 (Section 4,5), Lecture 9, Lecture 10
March 15th: Binary Relation and Preference
Readings: Lecture 1 (Section 3.1-3.5), Lecture 12 (Section 1-3)
March 22nd: Continuous Preference and Revealed Preference
Readings: Lecture 12 (Section 3-4), Lecture 13
April 19th: Uncertainty and expected utility
Readings: Lecture 14 (Section 1-3)
April 26th: Axiomatization of expected utility and Attitudes toward risk
Readings: Lecture 14 (Section 4,7), Lecture 15
May 3rd: Exchange Economy
Readings: Lecture 16
Solution