Microeconomics Semester 1

Amrit Amirapu - University of Kent

1. Introduction

2. The Budget Constraint

3. Preferences and the Utility Function

4. Marginal Utility and Consumer Optimisation

5. Consumer Optimisation and Comparative Statistics

6. Consumer Demand

7. Income and Substitution Effects

8. Consumer Welfare

9. Topics in Consumer Theory: Labour Supply

10. Topics in Consumer Theory: Intertemporal Choice

11. Topics in Consumer Theory: Choice and Uncertainty

12. Further Applications of Choice and Uncertainty and Review

13. Producer Theory: Technology

14. Profit Maximisation

15. Cost Minimisation

16. Cost Functions and Firm Supply

17. General Equilibrium: The Exchange Economy

18. General Equilibrium: The Welfare Theorems

19. General Equilbrium: The Robsinson Crusoe Economy

20. General Equilibrium: The Crusoe Friday Economy and Review