Microeconomics II

Microeconomics I, Introduction to Mathematical Economics, Principles of Economics

The course aim is to familiarize you with:

• The key concepts of microeconomic theory.
• The classic problems solved by applied microeconomic theory.
• The basic skills required to work on new problems in this field.

By the end of this course, you should be able to:

• Understand individual preferences and utility functions.
• Analyze consumer behavior.
• Analyze firm behavior.
• Evaluate different market structures.
• Understand general equilibrium theory.
• Analyze welfare economics.
• Apply economic principles to answer policy questions.

1. Lecture Notes
2. Jehle, G.A. & Reny P.J. Advanced Microeconomic Theory. 3rd edition (2011). Prentice Hall.

This course introduces the foundations of microeconomic theory and the tools economists use to study individual decision-making, firms, markets, and policy. Covering topics from preferences and consumer choice to market equilibrium, welfare economics, and externalities, the course builds the core concepts and analytical skills needed to understand classic problems in applied microeconomics and to approach new ones with confidence.