EC 205 Microeconomics I
Fall 2003


Lectures: Tue., Thu. 10:30 - 11:50, Robinson 301
Section: Tue., 2:30 - 3:50, Pembroke B2

Instructor: Rajiv Vohra
Office: Robinson Hall 105 
Extension: x 3-3030 
Office Hours: Tue., Thu., 3:00 - 4:00 
Email: Rajiv_Vohra@brown.edu		 Teaching Assistant: Rene Saran
Office: Robinson Basement, Conf Rm B
Extension: x 3-2735 
Office Hours: Fri., 11:30 - 12:30
Email: Rene_Saran@brown.edu

Final Exam, 9 a.m., Thu. December 18

Homework

Homework #9, due Tue. Nov. 25: 17.B1, 17.B2, and problem assigned in class
Homework #8, due Tue. Nov. 18: 16.D.3, 16.E.2, 16.AA.2.
Homework #7, due Tue. Nov. 11: 15.B.1, 15.B.2, 16.C.3, 16.D.1
Homework #6, due Tue. Oct. 14
Homework #5, due Tue. Oct. 7: Exercise 3.C.5.
Homework #4, due Tue. Sep.30: Exercises 3.E.3, 3.E.4, 3.G.1.
Homework #3, due Tue., Sep 23: Exercises 2.F.10, 2.F.16, 3.B.2, 3.D4, 3.D5, 3.D7.
(For Exercises 3.D5 and 3.D7 only, the deadline has been extended till 4 pm, Thu. Sep. 25).
Homework #2, due Tue., Sep. 16
Homework #1, due Monday, September 8: Exercises 1.D.1, 1.D.3, 2.D.3, 2.E.1.

Notes/Slides

Core Convergence
Extract from Shafer-Sonnenschein paper
Existence (for a printer friendly version click here)
Welfare Theorems (Ch 16)
Introduction to General Equilibrium
Slides: Classical Demand Theory, Ch 3
Notes on WARP and Walrasian Demand
Diagrams


Sample Mid-Term Exam
Outline of Answers

 

Textbook:
Microeconomic Theory by A. Mas-Colell, M. Whinston and J. Green, Oxford University Press, 1995.

Evaluation:
Homework: 10%
Mid Term Exam, Tue. October 21, 30%
Final Exam, 9 a.m., Thu. December 18, 60%


Homework will usually be assigned every week and discussed in section the following week. The value of working on homework will far exceed its direct effect of 10% on the final grade. You are encouraged to let us know, by email, any questions that may come up after class, or if there are topics that remain unclear and you would like to have them covered in class or section.

Course Outline:
The first part of the course will cover Individual Decision Making: Classical Consumer and Producer Theories. This will correspond to chapters 1 - 5 of the textbook. The second part will cover Classical General Equilibrium Theory: Efficiency, Existence, the Core, Uniqueness, Uncertainty (chapters 10, 11, 15-19). The Mathematical Appendix of the textbook should be seen as a prerequisite for the course.