180091 UK Foundational Microeconomics (2019W)
Termine (iCal) - nächster Termin ist mit N markiert
Ziele, Inhalte und Methode der Lehrveranstaltung
Art der Leistungskontrolle und erlaubte Hilfsmittel
There will also be six assignments, out of which the student should hand in (at least) 4 to obtain full grade (20%). Some of the assignments will consists on text commentary while others will consist on exercises to familiarise the student with the concepts discussed in the lectures.
Mindestanforderungen und Beurteilungsmaßstab
less than 50%, 5.
2. Allocations and Judgements.
3. Competitive Equilibrium and Welfare Theorems.
4. Labor Markets and Production.
4. Markets and Morals.
5. Externalities and Policy.
There is an online e-book called 'CORE Economics' that provides a general introduction to Economics from a modern perspective.
In addition, the following readings are required (as part of coursework)Week 4. 'The Use of Knowledge in Society' F. Hayek, AER 1945, and 'On The Economic Theory of Socialism' O. Lange, Restud 1936.Week 6. 'Contract and Fair Exchange' P.S. Atiyah, UoT Law Journal, 1985,Week 8. 'Lessons from the Kibbutz on the equality-incentives trade-off'. R. Abramitzky, JEP, 2011.Week 10. 'What money can't buy: the moral limits of markets' The Tanner Lectures on Human Values, Oxford University, 1998; and 'Repugnance as a constraint to markets' A. Roth, JEP, 2007Week 12. 'The Problem of Social Cost' by R. Coase, JLE, 1972. (pp. 1-28)