A (Micro) Course in Microeconomic Theory for MSc Students

136 Pages Posted: 27 May 2009

See all articles by Alexia Gaudeul

Alexia Gaudeul

Joint Research Center of the European Commission

Date Written: May 25, 2009


Those lecture notes cover the basics of a course in microeconomic theory for MSc students in Economics. They were developed over five years of teaching MSc Economic Theory I in the School of Economics at the University of East Anglia in Norwich, UK.

The programme of this course is divided in three parts; choice under uncertainty, game theory and incentive theory. The whole of the course can be covered in sixteen hours of teaching, along with eight hours of workshops, over eight weeks. The lectures differ from the standard fare in their emphasis on utility theory and its alternatives.

This is an intensive program that is designed both to cover the basics in each area and progress quickly to more advanced topics. The course is thus accessible to students with little background in economics, but should also challenge more advanced students who can focus on the later sections in each parts and concentrate on the suggested readings. Exercises covering each part increase gradually in difficulty and are often of theoretical interest on their own. Detailed answers are provided.

Keywords: economics, microeconomics, utility theory, game theory, incentive theory, online textbook, lecture notes, study guide, MSc

JEL Classification: A1, A23, D0

Suggested Citation

Gaudeul, Alexia, A (Micro) Course in Microeconomic Theory for MSc Students (May 25, 2009). Available at SSRN: https://ssrn.com/abstract=1409844 or http://dx.doi.org/10.2139/ssrn.1409844

Alexia Gaudeul (Contact Author)

Joint Research Center of the European Commission ( email )

Via E. Fermi 2749
Brussels, B-1049

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