▪ Content: • Definitions • Properties of cost function • WACM • Some forms of cost functions

– Some definition – Isoprofit curve – Demand function and it’s properties – supply function and it’s properties – Profit function and it’s properties

《高级微观经济学Advanced Microeconomics》PPT课件：lecture1 production theory I

• Lotteries and expected utility • Risk aversion • Metric • Subjective probability theory

《高级微观经济学Advanced Microeconomics》PPT课件：Lecture 15 public goods and externality

• The “core” • Uniqueness of equilibrium • Stability of equilibrium • Welfare

• Pure exchange system • The existence of Walrasian equilibrium • The first theorem of welfare economics • The second theorem of welfare economics • Exchange with production

《高级微观经济学Advanced Microeconomics》PPT课件：Duality

一、总结 二、交换的经济效率实现条件

一、垄断 二、垄断竞争 三、寡头 四、不同的经济效率的比较