Week # 1-2: Economic Models & Mathematics for Microeconomics
Theoretical Models , Verification of Economic Models , General Features of Economic Models ,Development of the Economic Theory of Value , Modern Developments, Maximization of a Function of One Variable,Functions of Several Variables, Maximization of Functions of Several Variables,Implicit Functions,
The Envelope Theorem,Constrained Maximization,Envelope Theorem in Constrained Maximization Problems, Inequality Constraints, Second-Order Conditions, omogeneous Functions,Integration , Dynamic Optimization
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Course Material
- Week # 1-2: Economic Models & Mathematics for Microeconomics
- Week # 3-4: Preferences and Utility, Utility Maximization and choice
- week# 5: Income& Substitution Effects, Demand Relationships among goods
- Week # 6-7: Uncertainty and information, Strategy and Game Theory, Production and Supply
- Week 8: Cost Functions, The Partial Equilibrium Competitive Model
- Week # 9: Completion and Submission of Term Paper for Partial Fulfilment of Mid-Term
- Week # 10-11: General Equilibrium and Welfare
- Week # 12-13: Monopoly, imperfect Competition, Pricing in Input Markets
- Week # 14-15: Capital and Time
- Week # 16: Asymetric Information
- Week # 17: Externalities and Public Goods
- Week # 18: Final Term (Viva, Project, Presentation etc.)
- Chapters 12
- Department Economics
- Teacher
Dr. Mahmood ul Hasan
