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Structure Present and future values Intertemporal budget constraint Preferences for intertemporal consumption Intertemporal choice Comparative statics Valuing securities
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Structure Money equivalent of utility gains totrade Consumer’s surplus Changes in consumer’s surplus Compensating and equivalentvariations Producer’s surplus
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Structure Market equilibrium Quantity tax and equilibrium Tax incidence (税收分担) Deadweight loss (额外净损失)
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Structure Describing technologies Production set or technology set Production function Isoquant Marginal product Returns to scale Technical rate of substitution Well-behaved technologies Long run and short run
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Structure From Individual to Market DemandFunctions Elasticities Revenue and own-price elasticity ofdemand Marginal revenue and price elasticity
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Structure State contingent consumption (依情 形而定的消费) State-contingent budget constraint Preferences under uncertainty Choice under uncertainty Risk aversion Diversification and risk spreading
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Structure Economic profit Short-run profit maximization –Comparative statics Long-run profit maximization Profit maximization and returns to scale Revealed profit maximization
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第一节 博弈论和策略行为 第二节 同时博弈:纯策略均衡 第三节 同时博弈:混合策略均衡 第四节 序贯博弈
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第一节 成本的概念 第二节 短期总产量和短期总成本 第三节 短期成本曲线 第四节 长期成本曲线
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Structure When to sell an asset? –Rate-of-return Arbitrage Taxation of asset returns Applications Financial intermediaries
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