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profit maximization Content: Some definition Isoprofit curve Demand function and it's properties supply function and it's properties Profit function and it's properties
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Preference and Choice Content: Preference and rationality The rule of choice Budget Demand function WAand demanded law
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Summary textbook Varian, Hal R, 1992, Microeconomics Analysis, 3rd ed Mas-Colella m Whinston and j, green 1995, microeconomics Theory assignments
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CONTENT Wa and demand law From preferences to utility Utility maximization EXpenditure minimization
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Content Competitive equilibrium Local analysis Omplete compete market Monopoly
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Contents Inter-temporal preferences Two periods Several periods · Asset market CAPM -APT Complete market Pure arbitrage
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Content Public goods Subscription Efficient provision of public goods Public choice EXternality What's externality? How to solute it? What's the efficient condition with externality
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Content The“core” Uniqueness of equilibrium Stability of equilibrium Welfare
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Content Pure exchange system The existence of Walrasian equilibrium The first theorem of welfare economics The second theorem of welfare economics Exchange with production
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Duality Given the technology we can obtain the cost function are the cost function contains the same information of the technology (production function)? If the answer is yes, then the cost minimization behavior will indicate the technology of the firm
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