Economics 101ASpring 2003Texts:• — Microeconomic Theory - 8th Edition,NicholsonOffice Hours:• — Steve Goldman, 509 Evans, Tuesday, Thursday 11:00-12:00 and by appt. [email protected]— Zhiyong An, tba, Wednesday 4:00-5:00 [email protected]— Jeffrey Butler, tba, Friday, 9:00 - 10:00 [email protected] Plan for the Semester• mid term examination: Wednesday March 12 (tenatively) (evening)• problem sets: Alternate weeks (approximately). The problem sets are mandatory andan essential part of the course. You are encouraged to form study groups but it isexpected the material you turn in will reflect yo ur own work product.• last lecture: May 13, 2003• final exam: Group # 2, Friday May 16, 2003 12:30 P.M. - 3:30 P.M.• grades: PS-15%, Mid 35%, Final 50% (with discretion and s.t. change).• course website: http://socrates.berkeley.edu/˜sgoldman/101a/g101a.html• no lecture on January 28.2 Syllabus2.0.1 Reading:Introduction and Methodology Ch 1,2 Rationality and ChoiceConstrained MaximizationComparative StaticsSpring 2003 page 2Theory of Consumer Beha vior Ch 3-9 The BudgetPreferences and Utility Maximization Ch3Theory of Demand Ch 4Income and Substitution Ch 5Rev ealed Preference Ch 5Consumer Surplus Ch 5Intertemporal Choice Ch 23Market Demand and Elasticity Ch 7ExchangeUncertainty Ch 8The Economics of Information Ch 9Theory of the Firm Production Functions Ch 11Cost Minimization Ch 12Profit Maximization and Behavior Ch 13Supply and Demand by Firms Ch 14, 21Market Supply and Demand Ch 14Industrial Organization Monopoly Ch 18Game Theory Ch 10Alternative Models of the Firm Ch 19, 20General Equilibrium Theory Exchange Production Ch 16, 25Walras’ Law and Existence of Market EquilibriumExistence of Competitive Equilibrium Ch 16Welfare Economics Pareto Optimality Efficiency and Co mpetitive Equilibrium Ch 17Cost BenefitAnalysisExternalities Ch 24Market FailureSocial Choice and In dividual Values Ch
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