THE DEPARTMENT of MATHEMATICS,
DIVISION of OPTIMIZATION and SYSTEMS THEORY
SF2872 MICROECONOMICS, FALL of 2007


EXAMINER,
LECTURER
and
PROBLEM SOLVER :		 Claes Trygger (trygger@math.kth.se) ,
rum 3710, Lindstedtsvägen 25, tel 790 7419
TEACHING ASSISTANT:
 V.A. Kant
COURSE MATERIAL: Hal R. Varian:
MICROECONOMIC ANALYSIS (3rd ed.)

The price varies, according to this site , between SEK 118 and SEK 204 (paperback) or between SEK 313 and SEK 768 (hardcover); handling and shipping is included in both cases. The price at Kårens bokhandel is SEK 500 (hardcover edition).

But watch out! Some dealers peddle an abbreviated version without really telling you this. Be sure to check the ISBN number!

OLD EXAMINATION PAPERS

and solutions - translated into English - are now available (for free) outside my office (3710) in the Clock Tower and at
the student expedition at the department of mathematics
in the Clock Tower, Lindstedtsvägen 25.

Supplementary material, handed out during the course.



COURSE CONTENTS: The course comprises essentially chapters 1-10, 13-18 and 21-24 in the textbook.
(Exceptions will be announced during the course.)
EXAMINATION: There will be a written examination at the end of the course, consisting of five problems, comprising both theory (formulation of important theorems and proofs from the course book) and practice, i.e., problem solving. The grading will be as follows:

  1. : 43 - 50 p
  2. : 37 - 42 p
  3. : 31 - 36 p
  4. : 25 - 30 p
  5. : 22 - 24 p

20 or 21 points gives grade Fx; in this case you will get an opportunity to supplement and thereby improve your result.

The exam takes place on
December 18 , between 14 and 19 p.m., in the halls V01 och V11.

Means of assistance: Pen and eraser.




PRELIMINARY SCHEDULE :
DATE & TIME HALL TOPIC CHAPTER PAGESRECOMMENDED
PROBLEMS
L1 Mon 29/10,
10-12 		E32 Introduction. Production. 1 1-9 
L2 Wed 31/10,
10-12 		E33 Production. Profit.1, 2 10-25 
L3 Fri 2/11,
8-10 		E33 Profit. 2, 3 26-392.3, 2.7
L4 Mon 5/11,
10-12 		E33 Profit. Cost. 3, 4 40-523.3, 3.4, 3.5
L5 Wed 7/11,
10-12 		E33 Cost. 4 53-674.3, 4.5
L6 Thu 8/11,
13-15 		M31 Cost. 5 67-80 5.1, 5.3, 5.7,
5.11, 5.16, 5.17
L7 Fri 9/11,
8-10 		M31 Duality 6 81-85 
L8 Mon 12/11,
10-12 		E32 Duality. 6 86-93 6.1, 6.2, 6.3
L9 Wed 14/11,
10-12 		M31 Preferences. Utility.7 94-1157.2, 7.3, 7.4
L10 Fri 16/11,
8-10 		E33 Demand.
The Slutsky equation.		8116-1438.5, 8.6, 8.12,
8.13, 8.14
L11 Mon 19/11,
10-12 		E33 Demand. 9 144-1599.10, 9.11
L12 Wed 21/11,
10-12 		E36 Consumer surplus. 10 160-171 


PRELIMINARY SCHEDULE (cont'd):
DATE & TIME HALL TOPIC CHAPTERPAGESRECOMMENDED
PROBLEMS
L13 Thu 22/11,
13-15 		M31 In reserve.    
L14 Fri 23/11,
8-10 		M22 Competition. 13 215-23213.4, 13.6, 13.7, 13.8
L15 Mon 26/11,
10-12 		E53 Monopoly. 14 233-25814.1, 14.19, 14.20
L16 Wed 28/11,
10-12 		E33 Game theory. 15 259-265 
L17 Fri 30/11,
8-10 		E33 Game theory.15 265-27215.1, 15.3, 15.5
L18 Mon 3/12,
10-12 		E33 Game theory. 15 272-28415.6, 15.9
L19 Wed 5/12,
15-17 		E53 Oligopoly. 16 285-31216.10, 16.12
L20 Thu 6/12,
15-17 		M31 Exchange economies. 17 313-33717.4, (17.9), 17.11
L21 Fri 7/12,
8-10 		E33 Production economies.18 338-35718.2
L22 Mon 10/12,
10-12 		E36 Equilibrium. 21 387-403 
L23 Tue 11/12,
8-10 		E53 Collective goods.
Externalities. 		23, 24414-43923.6, 24.1
L24 Wed 12/12,
8-10 		E53 In reserve.     


by Claes Trygger, a.k.a. trygger@math.kth.se