(Master's) Microeconomic Theory
Fall 2005 GMU Tentative Syllabus

Economics 611 (Section 002), meets Tuesday, 6:50-9:30pm during Fall 2005, in room Arlington (Original Building) Room 115.

Instructor: Robin D. Hanson, Asst. Professor, Economics (rhanson@gmu.edu, http://hanson.gmu.edu)
Office Hours: 4:30-6:00pm, at Arlington office, Truland Building Room 400Q, 703-993-4854. Other days I'm usually in at Carow Hall Room 10A, 703-993-2326.
Catalog Entry:

611 Microeconomic Theory (3:3:0). Prerequisite: Admission to the doctoral or master's program or ECON 306, ECON 311, and MATH 113, or permission of graduate coordinator. Theory of behavior of consumers, firms, and resource suppliers. Theories of choice under conditions of risk and uncertainty. Partial equilibrium analysis of competitive and noncompetitive markets. General equilibrium analysis, welfare economics, and introduction to capital theory.
Recommended Text: (None are required.)
Robert S. Pindyck and Daniel L. Rubinfeld, Microeconomics, 6th Edition, Prentice Hall, 2005, ISBN 0-13-008461-1.
DateLecture TopicText Chapters
30 Aug Intro, Supply and Demand Ch. 1,2. Hmwk 1
06 Sep Welfare and Regulation Ch. 4.4-4.5, 9 Hmwk 2
13 Sep More Supply, Demand, Welfare Ch. 15 Hmwk 3
20 Sept Externalities Ch. 18 Hmwk 4
27 Sept Consumer Behavior and Demand Ch. 3,4 Hmwk 5
04 Oct Applications
11 Oct No class this week
18 Oct Midterm
25 Oct Monopoly Ch. 10,11 Hmwk 6
01 Nov Game Theory Ch. 13 Hmwk 7
08 Nov Uncertainty Ch. 5 Hmwk 8
15 Nov No class this week
22 Nov Information Ch. 17 Hmwk 9
29 Nov General Equilibrium Ch. 16 Hmwk 10
06 Dec Applications and Review Paper due
13 DecFinal Exam 7:30-10:15pm