Monday, February 21, 2005

Microeconomics 2

Started the new semester for Microeconomics 2 last week. It's supposed to be the second in a three-part series of microecon course for graduate students. As it turned out the syllabus I had prepared had many overlaps with that for Microeconomics 1 taught by my colleague, Arindra Zainal. So I made changes. The result is as follows:

Texts: Hal Varian (HV) and Andreu Mas-Colell et al. (MC)
Coverage: Markets (Perfect, Monopoly, and Oligopoly), Uncertaity, and Game Theory.
Outline: 1) Overview/review (HV 1,26,27; MC 1, Math App), 2) Perfect Competition (HV 13, MC 10), 3) Monopoly (HV 14, MC 12), 4) Oligopoly (HV 16, MC 12), 5) Uncertainty (HV 11, MC 6), and 6) Game Theory (HV 15, MC 7,8,9).

I know this is unusual. As some have said: when it comes to HV and MC, it's an "either-or" thing -- you can't use both at the same time. Let's see how it plays out.

Having done the changes, I guess I would also adjust my Microeconomics 3 course next semester as to stress more on General Equilibrium and Welfare Economics and less on Game Theory and Uncertainty.

2 comments:

PEA the TSP said...

Wow, you have become a real professor now! -- I wonder if I will ever be as good as you.

Anonymous said...

I like what you did on your sylabus, especially putting Game Theory as one of your coverage. Makes my job easier on teaching Industrial Economics...thx bro..