Advanced Microeconomics I

Term: Fall 2011

Subject Code: GECO

Course Number: 6200

The aim of this course is to introduce students to some of the techniques of microeconomic analysis which are in widespread use and to develop the basis for an informed perspective on microeconomic theory and its application. It is intended to present ideas, techniques and criticisms at a level of sophistication suitable for Ph.D. students aiming ultimately to conduct independent research. Microeconomics will be presented here as being more than a technical apparatus: a domain of unsettled questions. The subjects considered will vary from year to year but will generally include the theory of the consumer, the theory of the producer, decision making under uncertainty, elements of game theory, elements of social choice and welfare economics, and if time permits, elements of general equilibrium theory. Students must have previously completed Graduate Microeconomics at the New School or its equivalent.