北大微观经济学课件(英文版)ch1 Intrduction.pptVIP

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北大微观经济学课件(英文版)ch1 Intrduction.ppt

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中级微观经济学中级微观经济学Fall, 2004 介绍结构教员与助教要求教学大纲例子: market for apartments WHO AM I? 赵耀辉北京大学中国经济研究中心 Office: 504 CCER ?Phone: 6275-4803 Email: yhzhao@ Office Hours: Wednesdays 4:00-5:00pm 助教廖志鹏, zpliao@ 张沈伟，jeswest@ 赵洪春，zhaohongchun@ Office Hours: Tuesdays 4:00-5:00pm 教材 Intermediate Microeconomics: A Modern Approach (Sixth Edition) by Hal R. Varian W. W. Norton， 2003 作业几乎每次课后都有作业周一的作业在周四课前交周四的作业在周一课前交课后领回作业不交或迟交作业将不得分考试两次测验，一次期中，一次期末注意考试日期测验和期中考试只考阶段内容期末考试将考全部课程内容除极特殊情况以外，缺考者得零分没有补考或者缓考成绩家庭作业: 20％测验: 20％期中考试: 20％期末考试: 40％ Is Economics Useful? Becoming a thinker Changes the way you view life and understand problems An all round major Economics Graduates Jobs for Economists Business economists Government economists Academic economists Microeconomics Theory Applications Labor economics Economics of education Development economics Agricultural economics Industrial organizations Health economics …… Course Outline Consumer theory (1-15) Producer theory (18-27) Market equilibrium (16-17, 30-32) Special topics on equilibrium Economic Modeling What causes what in economic systems? Which variables are determined outside the model (exogenous) Which variables are to be determined by the model (endogenous) At what level of detail shall we model an economic phenomenon? Modeling the Apartment Market Central question: How are apartment rents determined? Suppose (simplifying assumptions) apartments are close or distant, but otherwise identical distant apartments rents are exogenous and known many potential renters and landlords, i.e., competitive market A Normative Question Will the allocation of apartments be desirable? Need to know: Who will rent close apartments? At what price? Two Principles in Economics Optimization: Each person tries to choose the best alternative available to him or her. Equilibrium: Market price adjusts until quantity demanded equals quantity supplied. Modeling Individual Demand Discrete commodity: 0 or 1 unit Choose either