ECON 7010-001 Microeconomic Theory 1

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ECON 7010-001 Microeconomic Theory 1
FALL 2013
Instructor: Jin-Hyuk Kim
Email: [email protected]
Lectures: MW 1:30-2:45PM @ ECON 119
Office Hours: TTH 9:30-11AM @ ECON 14B
This is the first course in the micro sequence that introduces basic concepts and tools
used in modern microeconomic analysis. We will cover basic optimization techniques,
classical consumer and producer theory, and decision-making under uncertainty.
These are the foundations of economics research, which you need to master in order
to pursue independent research.
In terms of grading, there will be two midterms and a final exam, where the
midterms are not cumulative, but the final is. Each midterm counts 30% and the final
40% of your final grade. Letter grades will be assigned using natural cut-off points.
Missed exam(s) will result in a zero unless there is a special circumstance such as
medical or family emergencies.
The textbook is Microeconomic Theory by Mas-Colell et al. (required), and
Mathematical Methods and Models for Economists by de la Fuente (optional). There
is also a course packet for your reference (available at CU Bookstore).
Prerequisite: Students must first pass the math camp.
Tentative Schedule
1. Optimization Theory (de la Fuente Chapters 1-7)
Midterm 1
2. Consumer Theory (MWG Chapters 1-4)
Midterm 2
3. Producer Theory (MWG Chapter 5)
4. Decision Theory (MWG Chapter 6)
Final Exam
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