The lecture on Thurdays will take place as follows:

22.10. : HoF E.21/ Paris

29.10. : H11 in Bockenheim

05.11. : H11 in Bockenheim

12.11. : HoF E.22/ Commerzbank

19.11. : HoF E.21/ Paris

26.11. : H11 in Bockenheim

Tutorials

8:30-10:00h on Nov 5, Nov 19 and Nov 26
in the same room as the lecture

Content

This course covers classical topics of Microeconomics at a level for doctoral or advanced diploma students. It is intended to give the students a full understanding of Microeconomic Theory and its developments, especially in the area of consumer choice. Starting with consumer preferences, continuing with optimal choice and deriving the demand function the decision-making process of the consumer will be analyzed in depth. Furthermore, consumer surplus and its dynamics will be covered as well as topics of aggregate demand. The last part of the course will analyze choice under uncertainty and cover the topics of lotteries, risk aversion and insurance. In order to encourage individual learning, there will be assignments which will be given and discussed in tutorials.

Literature

• Mas-Colell, Whinston, Green, 1995. Microeconomic Theory. Oxford.
  Jehle, Reny, 2001, Advanced Microeconomic Theory. 2nd ed., Boston et al.
• Gravelle, Rees, 2004, Microeconomics. 3rd ed., Harlow et al.
  Hirshleifer / Riley's 1992 "Analytics of Uncertainty and Information;"
  Cambridge University Press

Additional Literature

– Notes on Microeconomic Theory, Nolan H. Miller

Entry Requirements

Der Kurs richtet sich in erster Linie an first-year PhD students. Er ist jedoch offen für Diplom- und Master-Studierende (Wirtschaftsingenieurwesen) der TU Darmstadt. Diesen können sich den Kurs als Mikroökonomik II anrechnen lassen.