MGT 621 – Microeconomics
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Summary
This course presents a first
introduction to microeconomic theory and its applications. It lays the
foundation for more advanced courses. The main objectives of the course
are:
· to
provide a calculus-based introduction to models for the rational behavior of
individual units of an economy and their interactions;
· to
give students an appreciation of how economic models can be used to develop an
understanding of real-life phenomena;
· to
enable students to address a simple microeconomic problem by structuring it as
a formal model, the analysis of which yields useful predictions and insights.
Topics to be covered include the theory
of choice, the theory of the firm, partial and general equilibrium, market
failure, regulation, and welfare economics.
<Current
Syllabus
(Version:
September 8, 2023)>
Contact Details
Operations,
Economics and Strategy (OES)
EPFL-CDM-ODY
3.01
Phone:
+41 21 693 0141
E-Mail: thomas.weber@epfl.ch
EPFL-CDM-ODY
3.16
E-Mail : ilona.ball@epfl.ch
Course Materials
(requires authentication)
<Complete
Set of Course Notes (Version: September 11, 2023)>
<Course
Project (Due: October 30, 2023)>
Current Problem Sets & Solutions
·
Problem Set 1
(Due: Wed, Sep 13) – Solutions
·
Problem Set 2
(Due: Fri, Sep 15) – Solutions
· Problem Set 3 (Due: Wed, Sep 20) – Solutions
·
Problem Set 4
(Due: Fri, Sep 22) – Solutions
·
Problem Set 5
(Due: Mon, Sep 25) – Solutions
Exams & Solutions
· Final Exam (2021) – Solutions
· Final Exam (2020) – Solutions
Useful Links & Resources
A.
General Resources
·
EPFL Library × information about the
library and useful starting point to find electronic resources available at
EPFL
·
Nebis Catalogue × here you can check EPFL’s
and other Swiss libraries’ holdings, and order books to the circulation desk
·
Inomics × index of Economics
conferences (quite comprehensive, but still incomplete)
·
JSTOR × download top journal papers
in Business, Economics, Statistics; most recent years not available
·
Social Science Citation Index
× useful to forward-search references to key
papers that you identify: after searching the paper, go to its full record,
click on the number next to “Times Cited”, then on the following page click on
“Total”; the citation index sometimes also contains direct links to databases
with pdf-copies of the papers
· Social Science Research Network × large repository of current working papers in the social sciences
B.
Microeconomics Resources