Lecture Notes


* The Numbers Game

* Producer Theory
+ Cost minimization
+ A more general approach
+ Revealed preference
+ Conventional firms and worker cooperatives
+ Effect of immigration

* Consumer Theory
+ Some duality results
- Errata
+ Consumer surplus
+ Axioms of revealed preference
+ Behavior under uncertainty
+ Giffen goods
+ Household production approach

* Competitive Markets
+ General equilibrium
+ Coase theorem (not required)
+ Hedonic pricing
+ Assignment model
+ Small deviations from rationality

* Economics of Information (lecture notes not yet available)
+ Monitoring and ownership concentration
+ Relationship-specific investments
+ Agency cost, net worth, and business fluctuations


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