Advanced Microeconomics

Advanced Microeconomics is one of the three compulsory core courses in the first semester of the master program. The course gives a rigorous introduction to the fundamental concepts and models of microeconomic theory.

It consists of two parts.

The first part on Mathematical Methods of Microeconomics is part of the two-week math boot camp at the beginning of the semester that is jointly taught by the instructors of the three core courses. This part introduces students to mathematical methods that are essential for the analysis of microeconomic models, and we will review a number of central concepts. Students are expected to present solutions to exercises in class.

The second part of the course introduces students to central concepts of game theory, incentives and contract theory, and behavioral economics. These tools play a major role in modern microeconomics. Again, students will be expected to present solutions to exercises in class.