• Intermediate Microeconomics
    • Antai College of Economics & Management
    • Credit. 4
    • EC306
    • Enroll
    • PAUSE
    • Fall , 2015
    • 1312
    • Course Description:
    • ( Exchange Programme )
    • This course systematically introduces major theories in the domain of Microeconomics including consumer theory, producer theory, and market equilibrium. Our teaching focuses on how the market works and how the major factors of the market interact. In particular, we will cover some key topics including the preferences, utility, choice, and demand behavior of consumer, the profit maximization, cost minimization, and supply behavior of producer, different types of market such as competitive, monopoly, and oligopoly markets, etc. We will also briefly discuss some cutting-edge subfields in Microeconomics including uncertainty and risk, asymmetric information, game theory, behavioral economics, externality and public goods, etc.
      Through the training of this course, students are expected to master the basic knowledge in Microeconomics that should enable them to explain typical behaviors of firms, consumers, and governments in the market. By learning the concepts, theories, models, and analy
    • Course Syllabus:
    • After completing the course, students should:
      1.Master the basic theories in Microeconomics.
      2.Be able to apply the knowledge to explain typical behaviors of firms, consumers, and governments in the market.
      3.Develop abilities of logical thinking and problem solving.
      4.Improve skills of reading, writing, and speaking in English.
    • Schedule:
    • Topics / Credit hours / Teaching methodology / Tasks / Intended learning outcomes / Assessment methods

      1.Introduction, Market and Budget Constraint / 2 / Lecture / Proficiency in textbook knowledge
      2.Preferences / 2 / lecture / Proficiency in textbook knowledge
      3.Utility / 2 / lecture / Proficiency in textbook knowledge
      4.Choice and Demand / 2 / lecture / Proficiency in textbook knowledge
      5.Revealed Preference / 2 / Lecture / Proficiency in textbook knowledge
      6.Slutsky Equation / 2 / Le
  • Reading list
  • Other Materials
  • Discussion
  • Homework download/submit
    • Chao Hong
    • Lecturer
    • Read more
    • Male
    • E-mail:
    • chaohong@sjtu.edu.cn
    • Profile
    • Dr. Hong Chao is currently an Assistant Professor of Economics at Antai College of Economics and Management, Shanghai Jiao Tong University. He completed his Ph.D. in Economics from the University of Texas at Dallas in the U.S., and joined Antai in August 2010. His primary research interests include experimental economics, contract theory and behavioral economics. He teaches intermediate microeconomics, experimental economics, and labor economics.
  • Prerequisite Course:

    Principles of Economics

  • Textbooks:

    Intermediate Microeconomics: A Modern Approach, by Hal R. Varian, 8th edition, published by W. W. No
  • Grading:

    Students’ final grade consists of three parts: four problem sets (30%), midterm exam (30%), and final exam (40%).
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