Microeconomics

Ariel Rubinstein

Lecturer	Ariel Rubinstein    (office hour-please call 640-9601 to coordinate)
Teaching Assistants	The teaching assistants will hold two separate sessions where they will go through the problem sets.  You will be asked to attend one of the two classes.  Gabi Gayer       and Tamir ...
Problem Sets	In 2003-4 submitting all problem sets (subject to reasonblness condition) is a pre-condition for eligibility to take the exam.
Administrative problems	Anna Ayach
Date	Class Mon 18:15-19:45, Wed 08:30-10:00 Berglas 012 Berglas 010 Hashlama  (for case it will be needed) Fri    08:30-10:00 Berglas  010 Targil Gabi Tamir
Books	David Kreps:  A Course in Microeconmic Theory, Princeton University Press, 1990   acses Andreu Mas-Colell, Michael D. Whinston, Jerry R. Green:  Microeconomic Theory, Oxford University Press, 1995.  acses
Regulations	A student must hold an e-mail address and a web-access.  All material for the course will be posted on the web (and will not be distributed in class). Downloading lecture notes and problems sets requires a "user name" and a password which will be given to students in the class and should not be transferred to other students!!!
Exam Participation in Moed A is a pre-condition for taking MOED B. Dates: Moed A: Moed B:  .	TAU Princeton exam solution grades 1994A ---   1997/8 A solution grades 1997/8  B page 1 page 2   1998/9 A solution grades 1998/9 B solution   1999/00 A solution   1999/00 B     2002/3 A solution grades  2002/3 B     exam solution 1997 --- 1998 solution 1999 solution 2000 solution 2001 solution 2002 solution
Student list	(you are welcome to use the list)  Registration at:  listserv@post.tau.ac.il  with the line:    (will be provided later)

Plan of the course

In most of the course (about 80%) we study models of rational economic agent.  In the rest of the course we will discuss the notion of competitive equilibrium.

Here is a rough plan of the course:

#	Date	Topic	Reading in Kreps	Reading in MWG	Lecture Notes	Solution
1		Preferences	1-32	Ch 1.	L01
2		Preferences
3		Utility			L02
4		Utility
5		Choice			L03
6		Criticism on Rationality
7		Consumer's preferences	32-45	Ch 3 A,B,C,D	L04
8		Classes of consumer's preferences
9		Demand	45-63	Ch 2, 3D-E
10		Rationalizing Demand			L05
11		more on Demand.
12		Indirect Utility			L06
13		LAST lecture on demand and supply			L07
14		Expected Utility	72-81 (115-122)	6.A-B
15		Expected Utility			L08
16		EU
17		Risk aversion
18		Risk aversion	81-98	6 C-D	L09
19		Finishing EU
20		Social Choice	149-156, 174-181		L10
21		Social Choice			Reny's paper  + sketch of Reny's proof
22		The notion of game			M11
24		Mixed strategy equ
25		Competitive equilibrium	Ch 6	15 A,B   17 A,B,C	M12
26		Existence
27		Welfare properties +core		16	M13