Microeconomic Theory

Peter J. Wilcoxen
Department of Economics
University of Texas at Austin

General Information About the Course

• This information is for Fall 1997.
• Class time, location, content, textbooks and requirements
• Preliminary outline of topics

Announcements

• Archive of messages to the class mailing list
• About exam 2
  • Old exercises you can use for practice. (pdf)
• About exam 3
  • More old exercises you can use for practice. (pdf)
    We did not cover part 2 of the last question this semester.
• Final exam scores and semester grades

Hints and Handouts

• Notes on key topics
• Exams from previous semesters
• Quick reference list of the rules of differentiation (pdf)
• How do I read the files marked (pdf)?
• Things to think about: Microeconomics in the real world

Simulation Games

• Exercises during the semester will ask you to play the games below.
• Splurge (test marketing in the soft drink industry)
• MacroSoft (how to succeed as a monopolist)
• Why don't these games work on my computer?
• Send an anonymous comment about a game

Assignments

• Read chapter 1-8, skim 9 and read sections 10.1 and 13.1.
• Math exercise (Sep 2). After you've turned it in, you can check the solution here (pdf).

1. Pizza Market (Sep 9)
2. Consumer Equilibrium (Sep 16)
3. Test Marketing Splurge (Sep 23)
4. Preferences and Labor Supply (Sep 30)
5. Evaluating Climate Change Policy (Oct 16)
6. Human Capital (Oct 23)
7. Investing in Fuel Cell Research (Oct 30)
8. Oil Exploration (Nov 20)
9. MacroSoft (Dec 4)