180143 UK Foundational Microeconomics (2020W)
Continuous assessment of course work
Labels
Registration/Deregistration
Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).
- Registration is open from We 16.09.2020 09:00 to We 23.09.2020 10:00
- Registration is open from Fr 25.09.2020 09:00 to Fr 02.10.2020 10:00
- Deregistration possible until Sa 31.10.2020 23:59
Details
max. 25 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
Thursday
01.10.
11:30 - 13:00
Digital
Friday
02.10.
11:30 - 13:00
Digital
Thursday
08.10.
11:30 - 13:00
Digital
Friday
09.10.
11:30 - 13:00
Digital
Thursday
15.10.
11:30 - 13:00
Digital
Friday
16.10.
11:30 - 13:00
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
22.10.
11:30 - 13:00
Digital
Friday
23.10.
11:30 - 13:00
Digital
Thursday
29.10.
11:30 - 13:00
Digital
Friday
30.10.
11:30 - 13:00
Digital
Thursday
05.11.
11:30 - 13:00
Digital
Friday
06.11.
11:30 - 13:00
Digital
Thursday
12.11.
11:30 - 13:00
Digital
Friday
13.11.
11:30 - 13:00
Digital
Thursday
19.11.
11:30 - 13:00
Digital
Friday
20.11.
11:30 - 13:00
Digital
Thursday
26.11.
11:30 - 13:00
Digital
Friday
27.11.
11:30 - 13:00
Digital
Thursday
03.12.
11:30 - 13:00
Digital
Friday
04.12.
11:30 - 13:00
Digital
Thursday
10.12.
11:30 - 13:00
Digital
Friday
11.12.
11:30 - 13:00
Digital
Thursday
17.12.
11:30 - 13:00
Digital
Friday
18.12.
11:30 - 13:00
Digital
Thursday
07.01.
11:30 - 13:00
Digital
Friday
08.01.
11:30 - 13:00
Digital
Thursday
14.01.
11:30 - 13:00
Digital
Friday
15.01.
11:30 - 13:00
Digital
Thursday
21.01.
11:30 - 13:00
Digital
Friday
22.01.
11:30 - 13:00
Digital
Thursday
28.01.
11:30 - 13:00
Digital
Friday
29.01.
11:30 - 13:00
Digital
Information
Aims, contents and method of the course
Assessment and permitted materials
There will be two exams (Midterm, early December; and Endterm, end January) each worth 40%. There will also be six assignments, out of which the student should hand in (at least) 4.
In addition, both exams may be retaken in late February.
In addition, both exams may be retaken in late February.
Minimum requirements and assessment criteria
The grading will be as follows.
>85%, 1
70-85%, 2
60-70%, 3
50-60%, 4
less than 50%, 5.
>85%, 1
70-85%, 2
60-70%, 3
50-60%, 4
less than 50%, 5.
Examination topics
Topics.1. Preferences and choice.
2. Allocations and Judgements.
3. Competitive Equilibrium and Welfare Theorems.
4. Labor Markets and Production.
4. Markets and Morals.
5. Externalities and Policy.
2. Allocations and Judgements.
3. Competitive Equilibrium and Welfare Theorems.
4. Labor Markets and Production.
4. Markets and Morals.
5. Externalities and Policy.
Reading list
There are two main references for this course. Varian's 'Intermediate Microeconomics' provides a comprehensive and easily accessible introduction to the main concepts of the course. Pancs' "Lectures in Microeconomics" is more advanced and has a more modern focus. For students who are interested in obtaining a deep understanding of economic theory but have a weak math background, I recommend Simon and Blume's "Mathematics for Economists" (in particular Chapters 1-5 and 14-17).In addition, the following readings are required (as part of coursework)
'The Use of Knowledge in Society' F. Hayek, AER 1945
'On The Economic Theory of Socialism' O. Lange, Restud 1936
'Contract and Fair Exchange' P.S. Atiyah, UoT Law Journal, 1985"Why Surfers Should be Fed: The Liberal Case for an Unconditional Basic Income" Van Parijs, Philosophy and Public Affairs. 1991
'Lessons from the Kibbutz on the equality-incentives trade-off'. R. Abramitzky, JEP, 2011.
'What money can't buy: the moral limits of markets' The Tanner Lectures on Human Values, Oxford University, 1998 (also available as a book)
'Repugnance as a constraint to markets' A. Roth, JEP, 2007
'The Problem of Social Cost' by R. Coase, JLE, 1972. (pp. 1-28)
'The Use of Knowledge in Society' F. Hayek, AER 1945
'On The Economic Theory of Socialism' O. Lange, Restud 1936
'Contract and Fair Exchange' P.S. Atiyah, UoT Law Journal, 1985"Why Surfers Should be Fed: The Liberal Case for an Unconditional Basic Income" Van Parijs, Philosophy and Public Affairs. 1991
'Lessons from the Kibbutz on the equality-incentives trade-off'. R. Abramitzky, JEP, 2011.
'What money can't buy: the moral limits of markets' The Tanner Lectures on Human Values, Oxford University, 1998 (also available as a book)
'Repugnance as a constraint to markets' A. Roth, JEP, 2007
'The Problem of Social Cost' by R. Coase, JLE, 1972. (pp. 1-28)
Association in the course directory
Last modified: Sa 08.07.2023 00:17
The course will consist of theory sections (lecture form) and practical sessions (recitation and discussions). Lectures will take place online and practical sessions will take place in the HS but students will be able to follow online. All the materials will be available in Moodle before the class.Update 16/9: All lectures will take place online.