SemesterFall Semester, 2025
DepartmentMA Program of International Business, First Year PhD Program of International Business, First Year MA Program of International Business, Second Year PhD Program of International Business, Second Year
Course NameMicroeconomic Theory (I)
InstructorPAN CHEN-YU
Credit3.0
Course TypeElective
Prerequisite
Course Objective
Course Description
Course Schedule

This course sequentially covers the following topics:




  1. Preferences and consumer choice (MWG Ch. 1 & 2, Rub. Lecture 1-3)

  2. Demand (MWG Ch. 3, Rub. Lecture 4 & 5)

  3. Production (MWG Ch. 5, Rub. Lecture 6)

  4. General equilibrium and its welfare implications (MWG Ch. 15 & 16)

  5. Choice under uncertainty (MWG Ch. 6, Rub. Lecture 7 & 8)

  6. Noncooperative games (MWG Ch. 7 & 8)

  7. Dynamic games (MWG Ch. 9)

  8. Adverse selection, signaling, and screening (MWG Ch. 13)



Pre-study and after-class review are required. 5 problem sets will be handed in.


Teaching Methods
Teaching Assistant
Requirement/Grading

Problem sets: 30%



Mid-term: 30%



Final: 30%



Attendance: 10%


Textbook & Reference

  • Mas-Colell, A., M. D. Whinston, and J. R. Green (1995): Microeconomic Theory, 1st edition, Oxford University Press (MWG, the micro Bible)

  • Rubinstein, A. (2019): Lecture Notes in Microeconomic Theory: The Economic Agent, Princeton University Press (Rub, free to download)

  • Jehle, G. A. and P. J. Reny (2011): Advanced Microeconomic Theory, 3rd Edition, Pearson (JR, the main textbook)


Urls about Course
Attachment