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Master of Science in Economics and Development
Home page > Economics > Study Plan > Curriculum in Economics 2018-2019 > Microeconomics 1

Microeconomics 1

ECTS: 9

Year: 1

Semester: I

Instructor: Domenico Menicucci

The course will cover the following topics:

- Introduction to the theory of choice: Preference relations, Representation of preferences via utility functions.

- Choice under Uncertainty: Lotteries, Expected utility theory, First order stochastic dominance, Risk aversion.

- Game Theory: Simultaneous-move games, Games with incomplete information, Dynamic games.

- Consumer Theory and General Equilibrium: Preference relations, Consumer problem, Competitive equilibrium in pure exchange economies, Existence and Pareto optimality of competitive equilibria.

Reading: * Lecture notes provided by the instructor.

 

 
last update: 23-July-2018
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