14.121 | Fall 2015 | Graduate

Microeconomic Theory I

Readings

Textbooks

  • [MWG] = Mas-Colell, Andreu, Michael Dennis Whinston, and Jerry R. Green. Microeconomic Theory. Vol. 1. Oxford University Press, 1995. ISBN: 9780195073409.
  • [Kreps] = Kreps, David M. Microeconomic Foundations I: Choice and Competitive Markets. Vol. 1. Princeton University Press, 2012. ISBN: 9780691155838. [Preview with Google Books]

LEC # TOPICS READINGS
1, 2 Choice, Preference, and Utility

[MWG] Chapter 1.

[Kreps] Chapters 1 and 2.

3–5 Consumer Theory and its Applications

Consumer Theory

[MWG] Chapters 2 and 3.

[Kreps] Chapters 3, 10, and 11.

Applications of Consumer Theory

[MWG] Chapter 4.

6, 7 Producer Theory and Monotone Methods [MWG] Chapter 5.
8–11 Choice Under Uncertainty

[MWG] Chapter 6.

[Kreps] Chapters 5 and 6.

12 Dynamic Choice [Kreps] Chapter 7.

Course Info

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Fall 2015
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