Important Notice!

First midterm is on June 9th, and the second midterm is on July 21st.

Lecture 1 - Overview of Competitive Markets

Suggested Readings:

[MAF]

[EEA]

[Var]

[PER]

Download PDF

Lecture 2 - Market Failure I: Monopoly and Price Discrimination

Suggested Readings:

[MAF] Chap 6.5.1, 6.5.2, 6.5.4-6.5.7

[EEA] Chaps 10, 14

[Var] Chap 24, 25.1-25.6

[PER] Chaps 11.1-11.3

Download PDF

Lecture 3 - Market Failure II: Externalities and Public Goods

Suggested Readings:

[MAF] Chap 6.3, 6.4

[EEA] Chap 18

[Var] Chaps 33, 35

[PER] Chap 17

Download PDF

Lecture 4 - Game Theory I: Basic Concepts, Dominance Solvability

Suggested Readings:

[MAF] Chap 7.1.1, 7.1.2

[EEA] Chap 15.1 - 15.3

[Var] Chap 28.1, 28.2

[PER] Chap 13.1, 13.2

Download PDF

Lecture 5 - Game Theory I: Nash Equilibrium

Suggested Readings:

[MAF] Chap 7.1.1, 7.1.2

[EEA] Chap 15.1 - 15.3

[Var] Chap 28.1, 28.2

[PER] Chap 13.1, 13.2

Download PDF

Lecture 6 - Game Theory I: Applications

Suggested Readings:

[MAF] Chap 6.4.2, 7.2

[EEA] Chap 15.4, 16.1-16.5, 18.5, 18.7

[Var] Chap 28

[PER] Chap 14

Download PDF

Lecture 7 - Game Theory II: Mixed Strategies

Suggested Readings:

[MAF] Chap 7.1.3, 7.1.4

[EEA] Chap 15.5

[Var] Chap 29.1-29.5

[PER] Chap 13.2

Download PDF

Lecture 8 - Game Theory II: Sequential Games

Suggested Readings:

[MAF] Chap 7.1.5, 7.1.6

[EEA]

[Var] Chap 27.2-27.4, 28.7, 28.8, 29.6

[PER] Chap 13.3, 14.5

Download PDF

Lecture 9 - Game Theory II: Repeated Games

Suggested Readings:

[MAF] Chap 7.1.7, 7.1.8

[EEA] Chap 16.8

[Var] Chap 28.5

[PER] Chap 13.3

Download PDF

Lecture 10 - Uncertainty and Risk

Suggested Readings:

[MAF] Chap 5.2.6

[EEA] Chap 17

[Var] Chap 12.2-12.8

[PER] Chap 16.1-16.3

Download PDF

Lecture 11 - Adverse Selection and Signaling

Suggested Readings:

[MAF] Chap 6.6.1-6.6.3

[EEA] Chap 20.2-20.3

[Var] Chap 27.1-27.3, 27.6

[PER] Chap 18.1-18.5

Download PDF

Lecture 12 - Moral Hazard

Suggested Readings:

[MAF] Chap 7.5

[EEA] Chap 20.4

[Var] Chap 37.4, 37.7

[PER] Chap 19.1-19.4

Download PDF