Microeconomics Microeconomics(微观经济学) is the study of how individual households and firms make decisions and how they interact with one another in markets

Summary textbook: Varian, Hal R., 1992, Microeconomics Analysis, 3rd ed. Mas-Colell, A., M. Whinston, and J. Green, 1995, Microeconomics Theory. assignments: twice a week; Team work; Deliver on the class

Summary textbook Varian, Hal R, 1992, Microeconomics Analysis, 3rd ed Mas-Colella m Whinston and j, green 1995, microeconomics Theory assignments

Topics to be Discussed The Themes of Microeconomics What Is Market? Real Versus Nominal Prices Why Study Microeconomics?

1.Integrability Demand function x(p,w)(.d.) is HDO, satisfied Walras Law and have a substitution matrix S(p,w) is s.n.s.d. for any (p,w), if it's deduced by rational preference. And if we observed an x(p,w) satisfied such conditions, can we find a preference to rationalization(p,w)? That the integrability problem

Aggregation and Welfare Content Consumer's surplus Aggregation Representation consumer

Where Are We in the Course? We are studying the 1st of the three blocks of microeconomics: Consumer behavior, production theory, and market equilibrium Within the 1st block, we are working on the 2nd of the three components: choice set, preference, and consumer demand

1．如果偏好是传递的，那么商品越多越好。 2．偏好为凸性的消费者认为两组合(1，4)和(9，2)并无差异。那她至少不会更不喜欢(5，3)

1.假定在无差异曲线上的斜率-200时,消费者达到消费者均衡。如果消费 dz z 者收入为60元,p2为6元,py为3元,那么对z和y的均衡需求量为多少?

1．假定一个人拥有一固定数量的劳动和土地，他生产并消费 x1和小2两种商品。 （1）用图表示他自给自足时的均衡条件。这个均衡满足了帕累托两个什么重要条件？