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| | MicroQEDprogram.doc |
 | | Consumer theory (8 lectures) Reading: MWG 2A-D, 1B, 3A-D, 2E, 3E, 3G, 3I, 4B Topics: The basics of economic analysis, introduction to the consumer problem, classical demand theory, properties of utility and demand functions, solving the consumer problem, welfare evaluation, aggregation, consumption with endowments, consumption over time. |
 | | Producer theory (3 lectures) Reading: MWG 5 Topics: Production sets, production with a single output, cost minimization, the geometry of cost functions, aggregation, efficient production, constant returns technologies. |
 | | Formal requirements for the course include regular attendance and participation in lectures, a number of problem sets, a midterm exam and a final examination. |
| merlin.fae.ua.es /iturbe/MicroQEDprogram.doc (950 words) |
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