Compulsory Course - 2nd Semester (Spring 1st year) | Course ID: 006 | E-Class

Lecturer

Andreas Papandreou

Language of instruction

English

Course content

Part A: Social choice theory

1. Introduction to social choice theory.
2. Cardinal rankings of welfare
3. Voting and social choice
4. Impossibility theory

Part B: Producer theory

1. Perfectly competitive markets: partial and general equilibrium
2. Externalities
3. Public goods
4. Adverse selection and moral hazard

Bibliography

• Moulin, Herve J., 2003, Fair Division and Collective Welfare, Cambridge, MA: The MIT Press.
• Mas-Colell, A., D.M. Whinston and R.J. Green (2004), Microeconomic Theory, Oxford: 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.
• Laffont J.-J., and D. Martimort (2002). The Theory of Incentives: The Principal-Agent Model, Princeton, N.J.: Princeton University Press.

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.