Advanced Microeconomic Theory

Pawel Dziewulski

The course will cover the following topics:

  • General equilibrium, trade models and welfare economics
  • Public goods and externalities
  • Introduction to Game theory
  • Introduction to Industrial Organization
  • Information Economics, Adverse Selection, Moral Hazard
  • Risk, expected utility theory
  • Applications of microeconomics

Intended Audience

Those with some knowledge of basic microeconomics, including consumer and producer theory, basic calculus and optimization.

Previous Knowledge

Participants should have had a basic first year class in micro-economics. They should be familiar with very basic calculus, like how to maximize a simple one-variable function (necessary and sufficient conditions).

Transferable Knowledge and Skills

How economic theory can be applied to microeconomic policy issues.