Microeconomic theory iii
Master
In Maynard (USA)
Description
-
Type
Master
-
Location
Maynard (USA)
-
Start date
Different dates available
This course covers models of individual decision-making under certainty and uncertainty. Applications include risk sharing and financial markets; contracts and information economics; village economies and national development; models with money and credit; trade, spatial economics and differentiated commodities.
Facilities
Location
Start date
Start date
Reviews
Subjects
- Economics
- Credit
Course programme
Lectures: 2 sessions / week, 1.5 hours / session
Recitations: 1 session / week, 1.5 hours / session
14.121 Microeconomic Theory I, 14.122Microeconomic Theory II. This course assumes knowledge of Game Theory at the level of 14.122 Microeconomic Theory II and knowledge of consumer theory and optimization.
The instructor's notes are used as the main text for the course. However, the following textbooks are also useful.
The grading will be based on five problem sets (40%) and a final exam (60%). In each problem set, there will be one problem that is to be graded, and several other problems that are not for a grade. I encourage you to work on the problem sets together, but you need to write your solution to the problem for a grade by yourself. Although the other problems are not for a grade, I encourage you to work on them and submit your solutions for feedback.
See the Assignments section
Don't show me this again
This is one of over 2,200 courses on OCW. Find materials for this course in the pages linked along the left.
MIT OpenCourseWare is a free & open publication of material from thousands of MIT courses, covering the entire MIT curriculum.
No enrollment or registration. Freely browse and use OCW materials at your own pace. There's no signup, and no start or end dates.
Knowledge is your reward. Use OCW to guide your own life-long learning, or to teach others. We don't offer credit or certification for using OCW.
Made for sharing. Download files for later. Send to friends and colleagues. Modify, remix, and reuse (just remember to cite OCW as the source.)
Learn more at Get Started with MIT OpenCourseWare
Microeconomic theory iii