Summer 2018

Intermediate
Microeconomic
Theory (I)
Kevin Wainwright
3645 WMC
604-291-5499
wainwrig@sfu.ca

## Available Files:

 Lecture/Exam Info Selected Study GuideQuestions 301 Math primer Chapter 2 Perferences Optimization and Economics Chapter 3 Utility Theory Part 1 (Calculus with examples) Chapter 4 Utility Theory Part 2 Tutorial #1 Homework Chapter 6 SR production and costs (attempt these and bring to class) Chapter 7 LR production and costs Chapter 8 and 9 Perfect competition Old Midterm Chapter 10 Monopoly (part 1) Old Final Chapter14 Monopoly (part 2)

## Text:

1. Microeconomics (6th Edition) by Eaton, Eaton and Allen
2. Study Guide to accompany Eaton and Eaton

## Topics to be covered:

• Chapter 2.   A Theory of Preferences  (2.1 - 2.5, appendix 2A)
• Chapter 3.   Demand Theory (3.1 - 3.11, appendix 3A)
• Chapter 4.   More Demand Theory (4.1 - 4.5)
• Chapter 12: The Distribution of Income (12.6 only)
• Chapter 5:   Intertemporal Decision Making and Capital Values (5.1 - 5.4)
• Chapter 6.   Production and Cost: One Variable Input (6.1 - 6.5)
• Chapter 7.   Production and Cost: Many Variable Inputs (7.1 - 7.9)
• Chapter 8.   A Theory of Perfect Competition (8.1 - 8.7)
• Chapter 9.   Applications of the Competitive Model (9.1, 9.4, 9.5, 9.6)
• Chapter 11. Input Markets and the Allocation Of Resources (11.1 -11.6)
• Chapter 13. Competitive General Equilibrium (13.1 - 13.4)

 Tutorials: 15% Midterm: 35% Final: 50%

EXAM RULES:

1. If you miss an exam AND you have a VALID excuse, then the exams will be re-weighed. NO MAKE-UPS!
2. The Final exam schedule is published, therefore no change or exemptions will be accepted.
3. All medical notes will be verified and secondary evidence may be requested.

## Tutorials and Assignments:

Tutorial grade will be based on Quizzes, Assignments, and Participation. The Quizzes will be based on the True/False Questions from the study guide. Assignments will be from the end of chapter questions and announced in class.

## Weekly Tutorial Assignment

NOTE: This outline is only approximate. The rule is that you will be tested on what is covered up to the exam date. If I have not covered a topic, it will NOT be on the test.

End of Chapter Questions are for tutorial discussion UNLESS they have been designated to be handed in.

• Week 2 Calculus Review
• Week 3 Ch 2: 5, 6, 7, 8,20, 21, 22, 23, 25
• Week 4 Ch 3: 1, 6, 7, 22, 23, 24, 25, 26, 27, 28, 29
• Week 5 Ch 4: 6, 7, 11,27, 28, 29, 30
• Week 6 Ch 5: 21, 22   Ch 12: 6, 14
• Week 7 Midterm Week
• Week 8 return midterms
• Week 9 Ch 6: 1, 2, 3, 25, 26
• Week 10 Ch 7: 16, 18, 19
• Week 11 Ch 8: 1, 7, 8, 16, 17, 18 Ch 9: 20, 21
• Week 12 Ch 11: 12, 13, 22, 23
• Week 13 Ch 13: 10, 12, 13