Microeconomics Department of Economics Fall 2015 National Taipei University Class time: 14:10-17:00 Monday Classroom: 商學大樓 1F02 Instructor: Chien-Ho Wang (王健合) Office: 社科大樓 room 3F36 Office phone number: (02)86741111-67172 e-mail: wangchi3@mail.ntpu.edu.tw Office Hour: Thursday 13:10-14:00 or by appointment. This is an undergraduate course for microeconomics. Microeconomics is the study of the allocation of scarce resources. Individuals and firms allocate their limited resources to make themselves as well off as possible. From the study of resources allocation, we can understand how to decide market prices and quantities. This class has two aims. The first is to instruct the basic microeconomics with examples about the real world. It may help undergraduate students to link economic methodology with real social phenomena. The second aim is to training student analytical ability for economic problems. The prerequisite for this course is principle of economics and undergraduate calculus. The textbook I use in this class is Textbook: Microeconomics: Theory and Applications with Calculus by Jeffrey M. Perloff, Third Edition, Addison Wesley press (雙葉圖書公司代理) Other useful reference: 1 Microeconomics by Robert Pindyck and Daniel Rubinfeld, 6th. Edition, Pearson Prentice Hall press (華泰圖書公司代理) Microeconomics by Don Waldman, 1st. Edition, Pearson Addison Wesley press ( 雙葉書廊代理) 個體經濟學 (上,下冊) by 莊春發 (瑞興圖書公司代理) The topics I will cover in this semester as below: 1. Introduction. Perloff Chapter 1-2; Pindyck Chapter 1-2; Waldman Chapter 1; 2. Utility function and budget constraint. Perloff Chapter 3; Pindyck Chapter 3; Waldman Chapter 3; 3. Demand and consumer behaviors. Perloff Chapter 4-5; Pindyck Chapter 4; Waldman Chapter 2, 4-5; 4. Production behaviors. Perloff Chapter 6-7; Pindyck Chapter 6-7; Waldman Chapter 7; 5. Introduction to firms. Perloff Chapter 6-7; Pindyck Chapter 8-9; Waldman Chapter 8-9; 6. Perfect Competition. Perloff Chapter 8-9; Pindyck Chapter 9; Waldman Chapter 8, 9, 10; 7. Monopoly. Perloff Chapter 11-12; Pindyck Chapter 10-11; Waldman Chapter 11.1-11.3, 12; 2 8. Imperfect Competition and Game Theory. Perloff Chapter 13-14; Pindyck Chapter 12-13; Waldman 11.4, 13, 14, 15, 16; 9. General Equilibrium. (If time permission.) Perloff Chapter 10; Pindyck Chapter 16; Waldman Chapter 19; There will be one mid-exam and one final exam for this course. In addition, there will be 3 take home exercises. Students may discuss these exercises together, but everybody must send their answers separately. I will count two best scores for your final grade. (You may drop one worst exercise score.) The temporary schedules of mid-exam are in mid-November. (I will announce the exam date in class.) Mid-exam will occupy 40% of your final grade. The final exam (January 11, 2016) will occupy 45% of final score. The grade scheme is as below: Homework (total 3 times): Class participation: 5% Mid-exam: 40% Final exam: 45% 10% 3