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PROGRAMME OF POSTGRADUATE STUDIES MPHIL “ECONOMICS”

MICROECONOMIC THEORY I

Compulsory Course - 1st Semester (Autumn 1st year) | Course ID: 0001 | E-Class

Lecturers

Georgia Kaplanoglou (Part A)

Nicholas Theocarakis (Part B)

Language of instruction

English

Course Outline

Part A:  Consumer theory

  1. Preferences and choice
  2. Choice theory
  3. Neoclassical consumer theory
  4. Choice under uncertainty

Part B:  Firm theory and market forms

  1. Cost theory
  2. Cost minimisation and profit maximisation
  3. Market forms
  4. Elements of game theory

Bibliography

  • Mas-Colell, A., D.M. Whinston and R.J. Green (2004), Microeconomic Theory, Oxford: Oxford University Press.
  • Cowell, F.A. (2005), Microeconomics: Principles and Analysis, Oxford University Press.
  • Munoz-Garcia, F. (2017). Advanced Economic Theory: An Intuitive Approach with Examples, Cambridge, MA: The MIT Press.
  • Kreps, D.M. (1990), A Course in Microeconomic Theory, Princeton, N.J.: Princeton University Press.
  • Rubinstein, Α. (2007), Lecture Notes in Microeconomic Theory, Princeton, N.J.: Princeton University Press.
  • Notes and slides available on e-class.

Assessment

  • The course is assessed in Greek or in English
  • The assessment is based on written examinations in the specified examination periods
  • The written examinations include a combination of theory and problem-solving questions
  • Students of special categories have the option of being examined orally or by a combination of oral and written assessment.
  • The examination syllabus, procedures and assessment criteria are communicated to students during lectures and by posting relevant announcements and material on the e-class platform.