Intermediate Microeconomics

Recommended Prerequisites

Portuguese and English in separate classes.

Teaching Methods

The main propositions are shown in class using the blackboard and Powerpoint. The students will have access to handouts for some of the topics as well as specific bibliographical references to complement class presentation. In each lecture, there will be a set of exercises and illustrations to be solved by the student, typically in the following week.

Learning Outcomes

Students are expected to: 1) derive the main decision rules of consumers and firms in a market economy; 2) discuss the properties of a competitive equilibrium; and 3) discuss the decision making in non-cooperative games.

Work Placement(s)

No

Syllabus

1. The principles and practice of economics. Evidence-based economics
2. Consumer choice
3. The theory of the firm
4. Technical efficiency and the competitive equilibrium
5. Game theory and behavioral economics

Head Lecturer(s)

Paulino Maria Freitas Teixeira

Assessment Methods

Assessment
Attitude/participation in classes: 10.0%
Resolution Problems: 20.0%
Mini Tests: 30.0%
Frequency: 40.0%

Bibliography

- ACEMOGLU, Daron; LAIBSON, David; LIST, John A. (2021) Microeconomics. Pearson.
- MAS-COLELL, Andreu; WHINSTON, Michal D. ; GREEN, Jerry R.(1995) Microeconomic theory. Oxford University Press.
- VARIAN, Hal. (2010) Intermediate Microeconomics. Norton.
- CAMERER, Colin F. (2003) Behavioral Game Theory: Experiments in Strategic Interaction. Princeton University Press.