1.[PLEASE NOTE: The class schedule shown below is VERY TENTATIVE --- including the timing of the exams --- so please do NOT base your enrolment decision on this information.] Introduction |
| 2.Consumer preferences |
| 3.Budget constraints |
| 4.Consumer choice |
| 5.Individual demand |
| 6.Problem solving session (1) |
| 7.Income and substitution effects |
| 8.Applications of income and substitution effects |
| 9.Consumer welfare and policy analysis |
| 10.Problem Solving session (2) |
| 11.Uncertainty and consumer behaviour |
| 12.Mid-term exam (1) |
| 13.Production technology |
| 14.Costs in the short run |
| 15.Short-run vs long-run costs |
| 16.Returns to scale and economies of scale |
| 17.Competitive model |
| 18.Long-run adjustment |
| 19.Problem solving session (3) |
| 20.Consumer and producer surplus |
| 21.The welfare effects of the tax |
| 22.Mid-term exam (2) |
| 23.Tariff and quota |
| 24.Problem solving session (4) |
| 25.General equilibrium |
| 26.Efficiency in exchange |
| 27.Consumer equilibrium in a competitive market: the first fundamental theorem of welfare economics |
| 28.Problem solving session (5) |
| 29.Final Exam |