EconS 301 – Intermediate Microeconomic Theory, Fall 2023

Syllabus

Introduction (August 22nd)

Preferences and Utility (August 22nd-August 31st)

Consumer Choice (September 5th – 14th)

Substitution and Income effect (September 19th -September 26th)

Recitation – Friday Sept. 22nd (Answer Key)

Measuring Welfare Changes (September 28th – October 5th)

Production Functions (October 10th – October 12th)

Cost Minimization (October 17th – October 19th)

Monopoly (October 24th – October 26th)

Game Theory: Simultaneous-Move Games (October 31st – November 2nd)

Recitation – Friday Nov. 3rd (Answer Key)

Game Theory: Sequential and Repeated Games (November 7th – November 9th)

Imperfect Competition (November 14th – November 16th)

Externalities and Public Goods (November 28th – November 30th)

Recitation – Friday December 1st (Answer Key)

Assignments

  • Homework #1 (Due September 5th) Answer Key
  • Homework #2 (Due September 19th) Answer Key
  • Homework #3 (Due October 12th) Answer Key
  • Homework #4 (Due October 24th) Answer Key
  • Homework #5 (Due November 16th) Answer Key
  • Homework #6 (Due December 5th) Answer Key

Quizzes

  • Quiz #1 (September 5th)
  • Quiz #2 (September 19th)
  • Quiz #3 (October 12th)
  • Quiz #4 (November 2nd)
  • Quiz #5 (November 14th)

Midterms

  • Midterm #1 – Thursday, September 28th [Recitation: Friday, September 22nd]
  • Midterm #2 – Due on November 7th [Recitation: Friday, November 3rd] Answer Key
  • Final Exam: Monday, December 11th [Recitation: December 1st]
  • Recitations will be from 11:10am-12pm in Hulbert 27 and 12:10-1pm in TODD 226.

Game Theory

Prisoner’s Dilemma

Decisions

Split or Steal

The Chicken Game

Penalty Kick

Books

Externalities

Tragedy of the Commons