MICROECONOMICS
| Title | ΠΡΟΧΩΡΗΜΕΝΗ ΜΙΚΡΟΟΙΚΟΝΟΜΙΚΗ / MICROECONOMICS |
| Code | ΠΜΟΥ2 |
| Faculty | Economic and Political Sciences |
| School | Economics |
| Cycle / Level | 2nd / Postgraduate |
| Teaching Period | Winter |
| Coordinator | Konstantinos Papadopoulos |
| Common | No |
| Status | Active |
| Course ID | 600014571 |
Programme of Study: PMS STA OIKONOMIKA (2018-sīmera) (MF)
Registered students: 1
| Orientation | Attendance Type | Semester | Year | ECTS |
|---|---|---|---|---|
| KORMOS | Compulsory Course | 1 | 1 | 6 |
Programme of Study: PMS STA OIKONOMIKA (2018-sīmera) (PF)
Registered students: 14
| Orientation | Attendance Type | Semester | Year | ECTS |
|---|---|---|---|---|
| KORMOS | Compulsory Course | 1 | 1 | 6 |
| Academic Year | 2018 – 2019 |
| Class Period | Winter |
| Faculty Instructors |
|
| Weekly Hours | 3 |
| Class ID | 600113489
|
Mode of Delivery
- Face to face
Digital Course Content
- e-Study Guide https://qa.auth.gr/en/class/1/600113489
Language of Instruction
- Greek (Instruction, Examination)
Prerequisites
General Prerequisites
Μicroeconomics (undergraduate)
Mathematical Economics (undergraduate)
Statistics (undergraduate)
Learning Outcomes
In the context of the course, the students will:
• have a highly rigorous exposition to the Microeconomic Theory
• learn how to use the respective analytical tools to explain eeconomic phenomena and to evaluate policies.
General Competences
- Apply knowledge in practice
- Make decisions
- Generate new research ideas
- Advance free, creative and causative thinking
Course Content (Syllabus)
Topics
1. Profit maximization, properties of the profit function, envelope theorem, Lemma Hotelling
2. Cost minimization, properties of the cost function, Lemma Shepard
3. Utility maximization, properties of the indirect utility function, Roy's Identity, propertie sof the expenditure function
4. Public goods
5. Pricing in space (monopoly, monopsony)
6. Horizontal and vertical product differentiation
7. Incentives, information auctions
Keywords
Optimization, Strategic Interaction
Educational Material Types
- Notes
- Book
Use of Information and Communication Technologies
Use of ICT
- Use of ICT in Communication with Students
Description
e mail, moodle
Course Organization
| Activities | Workload | ECTS | Individual | Teamwork | Erasmus |
|---|---|---|---|---|---|
| Lectures | 90 | ✓ | |||
| Reading Assigment | 30 | ||||
| Tutorial | 30 | ||||
| Exams | 30 | ✓ | |||
| Total | 180 |
Student Assessment
Description
Final exams (100%)
Student Assessment methods
- Written Exam with Extended Answer Questions (Summative)
- Written Exam with Problem Solving (Summative)
Bibliography
Additional bibliography for study
Ενδεικτική Βιβλιογραφία:
1. Varian, H. Microeconomic Analysis. Norton. Κεφάλαια: 2.1-4, 3.1-4, 4.1-4., 5, 7, 8.1-5, 8.6, 23.1-8, 25.1-4.
2. Tirole, J. Theory of Industrial Organization. MIT. Κεφάλαια: 2.1.1, 2.1.2, 7.1.1, 7.1.2.
3. Bierman, S., and L. Fernadez (1998). Game Theory with Economic Applications. Addison-Wesley. Κεφάλαια 13 και 14.
4. Tribl, C. (2009). Spatial Competition in Mixed Markets of Food Processors. The Cases of Uniform Delivered Pricing. Paper Presented at the International Workshop“Rural Cooperation in the 21st Century: Lessons from the Past, Pathways for the Future.” Rehovot, Israel, June 15-17, 2009.
5. Zhang, M., and R. Sexton (2001). FOB or uniform delivered prices? Strategic
Choice and welfare effects. Jou rnal of Industrial Economics, 49: 197-221.
6. P. Fousekis (2015). Location Equilibria in a mixed Duopsony with a Cooperative. Australian Journal of Agricultural and Resource Economics,
59: 518-32.
Last Update
28-11-2017
