This course aims to provide undergraduate students with the necessary knowledge about microeconomic theories related to the behaviour of consumers, producers, and competitive markets. We will discuss the consumer and producer theories and application and the long-run and short-run equilibrium in competitive markets using three microeconomic tools: constrained optimization, equilibrium analysis, and comparative statics. We will also analyze the impact of government interventions in the perfectly competitive markets on the output and pricing decisions and the welfare of economic agents.
This course will explain firms' output and pricing decisions in an imperfectly competitive market. We will use the microeconomic tools of constrained optimization, equilibrium analysis, and comparative statics to discuss firms' behavior under imperfect competition market structure. Moreover, I will introduce the Game Theory and its applications in microeconomic models in the next step. In the end, I will provide an insight into general equilibrium analysis.Â
This course aims to provide undergraduate students with the necessary knowledge about microeconomic theories related to the behaviour of consumers, producers, and competitive markets. We will discuss the consumer and producer theories and application and the long-run and short-run equilibrium in competitive markets using three microeconomic tools: constrained optimization, equilibrium analysis, and comparative statics. We will also analyze the impact of government interventions in the perfectly competitive markets on the output and pricing decisions and the welfare of economic agents.