Intermediate Microeconomics I: Behavioural foundations of Market Interactions
Learn from Former Delhi University Professor
Demo Lecture
ABOUT COURSE
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Full Course Video Lectures
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Complete syllabus covered AS PER DU
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Written Notes Provided in PDF Format
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Printed Notes Provided
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Answer Writing Practice
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Previous Year Question Papers Discussed
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24 x 7 Doubt Resolution
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Mock Tests Provided
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Important Questions from Chapter Covered
Unit - 1
Consumer Behaviour
Preference and utility, Budget and choice, Income and substitution effect, Demand derivation, Labour supply, One-person welfare
SF Chapters 2-6
Optional reading: AMG Chapters 2-5; OR Chapters 1, 2, 4, 5
Unit - 2
Decision-making under uncertainty
Expected utility, Risk aversion, Insurance, Risk spreading
AMG Chapter 6
Optional reading: SF Chapter 19; OR Chapter 3
Unit - 3
Producer Behaviour and Markets
Technology, Profit maximization, Cost minimization, Supply, Short and long run
SF Chapters 8-10
Optional reading: AMG Chapters 7-9 ; OR Chapter 6
References Books
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Serrano, Roberto and Feldman, Alan (2012), A short course in intermediate Microeconomics with Calculus, Cambridge University Press (SF)
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Espinola-Arredondo, Ana and Mu ̃noz-Garcia, Felix (2020), Intermediate Microeconomic Theory, MIT Press (AMG)
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Osborne, M J and Rubinstein, A (2020), Models in Microeconomic Theory, Open Book Publishers (OR)
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Mu ̃noz-Garcia, Felix (2017) Practice Exercises for Advanced Microeconomic Theory, MIT Press
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Dunaway, Eric; Strandholm, John C., Espinola-Arredondo, Ana and Munoz-Garcia, Felix (2020) Practice Exercises for Intermediate Microeconomic Theory, MIT press