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Lecture Notes

LEC # LECTURE NOTES
1 Introduction (PDF)
2 Review of Supply and Demand in the Context on Minimum Wage Debate (PDF)
3 Math Tools (PDF)
4 Consumer Theory: Axioms and Theory of Choice (PDF)
5 Choice, Demand and Irish Potatoes (PDF)
6 (Part I) Demand Functions (PDF)
6 (Part II) Applications: Giffen Goods (PDF)
7 (Part I) Food Stamps: The Whitmore Study (PDF)
7 (Part II) In-Kind Transfers, Food Stamps, and the Whitmore Study (PDF)
8 Revealed Preference and Consumer Welfare (PDF)
9 Application of Expenditure Function: the Consumer Price Index (PDF)
10 Risk Aversion and Expected Utility Theory (PDF)
11 Risk Aversion, Expected Utility Theory and Insurance (PDF)
12 The Demand for Abortion: An Application of Expected Utility Theory (PDF)
13 Applying Consumer Theory to Competitive Markets (PDF)
14 General Equilibrium in a Pure Exchange Economy (PDF)
15 General Equilibrium with Production (PDF)
16 International Trade and the Principle of Comparative Advantage (PDF)
17 Externalities, the Coase Theorem and Market Remedies (PDF)
18 Information, Adverse Selection, and Insurance Markets (PDF)
19 Adverse Selection: Applications and Extensions (PDF)
20 Education, Human Capital, and Market Signaling (PDF)
21 Game Theory, Strategic Equilibrium, and Repeated Interactions (PDF)
22 Network Externalities (PDF)