MICROECONOMICS II: “Production and Market Structure”
2nd Module, 2002/2003 Professors: Grigory
Kosenok, Alexei
Goriaev
TAs:
The main textbook is “Microeconomic
Theory: Basic Principles and Extensions” by Walter Nicholson (7th
edition). Every week a problem set will be distributed. The best
5 problem sets will be counted for 20% of the final grade. The
final exam will give 80% of the final grade.
Course
Outline
Week 1: Production functions (Ch. 11),
Costs (Ch. 12).
Week 2: Profit maximization and supply
(Ch. 13).
Week 3: The partial equilibrium competitive
model (Ch. 14), Applied competitive analysis (Ch. 15).
Week 4: Models of monopoly (Ch. 18).
Week 5: Traditional models of imperfect
competition (Ch. 19).
Week 6: Game theory and strategic equilibrium
(Ch. 10).
Week 7: Game theory models of pricing
(Ch. 20)
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