Basic neoclassical microeconomics:
partia equilibrium analysis, consumption theory, produzion theory. Perfect competition, the Pareto principle and the basic general equilibrium model. The first theorem of welfare economics.
Market failures : private monopoly, oligopoly, public goods, esternalities.
This course seeks to introduce microeconomic analysis as a way of understanding the world. It exposes students to standard microeconomic theory with a focus on the development of economic intuition, whilst also providing certain economic tools that support this intuition along the way.
Students learn the basic principles, and the main drowbacks of the standard economic analysis.