Simon Fraser University
Engaging the World

Course Outlines

Fall 2024 - ECON 802 G100

Microeconomic Theory I (4)

Class Number: 2787

Delivery Method: In Person

Overview

  • Course Times + Location:

    Sep 4 – Dec 3, 2024: Mon, 2:30–3:20 p.m.
    Burnaby

    Sep 4 – Dec 3, 2024: Wed, 1:30–3:20 p.m.
    Burnaby

    Sep 4 – Dec 3, 2024: TBA, TBA
    Burnaby

  • Prerequisites:

    ECON 331.

Description

CALENDAR DESCRIPTION:

An examination of the economic theory of market prices with reference to behavior of individual households, firms, and markets. Special emphasis will be placed on the implications of individual behavior for the allocation of resources. Offered once a year.

COURSE DETAILS:

Graduate-level introduction to microeconomic theory. The following material will be covered (chapters of the required textbook in parentheses):

  • Consumer theory (1, 2.3)
  • Theory of the firm (3, except 3.4)
  • Partial equilibrium (4, except 4.2)
  • General equilibrium (5.1-5.3)
  • Choice under uncertainty (2.4)
  • Introduction to game theory (4.2, 7, except 7.2.3 and 7.3.7)
  • Information economics (8, except 8.1.3)

Grading

  • Problem sets 20%
  • Midterm Exam 30%
  • Final Exam 50%

NOTES:

Problem sets will be graded for completion only – they are intended as a commitment device for you to keep up with the material.

The final exam will be cumulative, but it will focus primarily on the post-midterm material.

Materials

REQUIRED READING:

Jehle, G. and P. Reny, Advanced Microeconomic Theory, 3rd edition, Pearson, 2010

 


RECOMMENDED READING:

Mas-Colell A., M. Whinston and J. Green, Microeconomic Theory, Oxford, 2020

Varian, H., Microeconomic Analysis, 3rd Edition, W.W. Norton, 1992


REQUIRED READING NOTES:

Your personalized Course Material list, including digital and physical textbooks, are available through the SFU Bookstore website by simply entering your Computing ID at: shop.sfu.ca/course-materials/my-personalized-course-materials.

Graduate Studies Notes:

Important dates and deadlines for graduate students are found here: http://www.sfu.ca/dean-gradstudies/current/important_dates/guidelines.html. The deadline to drop a course with a 100% refund is the end of week 2. The deadline to drop with no notation on your transcript is the end of week 3.

Registrar Notes:

ACADEMIC INTEGRITY: YOUR WORK, YOUR SUCCESS

SFU’s Academic Integrity website http://www.sfu.ca/students/academicintegrity.html is filled with information on what is meant by academic dishonesty, where you can find resources to help with your studies and the consequences of cheating. Check out the site for more information and videos that help explain the issues in plain English.

Each student is responsible for his or her conduct as it affects the university community. Academic dishonesty, in whatever form, is ultimately destructive of the values of the university. Furthermore, it is unfair and discouraging to the majority of students who pursue their studies honestly. Scholarly integrity is required of all members of the university. http://www.sfu.ca/policies/gazette/student/s10-01.html

RELIGIOUS ACCOMMODATION

Students with a faith background who may need accommodations during the term are encouraged to assess their needs as soon as possible and review the Multifaith religious accommodations website. The page outlines ways they begin working toward an accommodation and ensure solutions can be reached in a timely fashion.