Course image (2020 Fall) Microeconomic Analysis
Master
This course is designed around the theories of consumer choice and the firm, leading into the concepts of partial, general equilibria and welfare. With the prior knowledge in algebra and calculus, students will be trained to construct optimisation models, while highlighting the constraints and assumptions in various microeconomic analyses and being able to interpret main theoretical results in real-life economic situations. The aim of this course therefore is to facilitate our understanding of the analytical tools in microeconomics, and to make ourselves aware of their limitations.