Inter Microeconomics-disc · Economics
M1 Preferences and Utility 3.1 Preferences 3.2 Utility M2 Marshallian Demand 3.3 Budget Constraint 3.4 Constrained Consumer Choice 4.1 Deriving Demand Curves 2.5 Elasticities M3 Hicksian Demand 4.4 COLA Adjustment 3.4 Minimizing Expenditure (subsection) 4.3 Compensated Demand Curve (sub section) 5.2 Compensated Consumer Welfare M4 Effect of Income and Price Changes 4.2 Effects of an Increase in Income 4.3 Effects of a Price Increase 5.4 Deriving Labor Supply Curves M5 Risk 16.1 Assessing Risk 16.2 Attitudes towards Risk 16.3 Reducing Risk 16.4 Investing Under Uncertainty M6 Production and Costs Chapter 6 Firms and Production Chapter 7 Costs M7 Perfectly Competitive Markets 2.1 Demand 2.2 Supply 2.3 Market Equilibrium Chapter 8 Competitive Firms and Markets 9.1 Zero Profit for Competitive Firms in the LR M8 Surplus 5.1 Consumer Welfare 9.2 Producer Welfare 9.3 How Competition Maximizes Welfare 2.7 Quantity Supplied Need Not Equal Quantity Demanded 2.4 Shocking the Equilibrium Comparative Statics 2.6 Effects of a Sales Tax 9.5 Policies that Create a Wedge Between Supply and Demand Curves M9 Efficiency and General Equilibrium 10.2 GE Exchange Economy 10.3 Competitive Exchange 10.5 Efficiency and Equity M10 Non-Competitive Firm 11.1 Monopoly Profit Maximization 11.2 Market Power and Welfare 11.3 Taxes and Monopoly 12.1 Why and How Firms Price Discriminate
About how to properly answer exam questions.
I learned about consumer demand, labor markets, risk and insurance, competitive/uncompetitive markets, and welfare. Though many of the concepts covered in this class were similar to those taught in Principles, I encountered the material in a more mathematically sophisticated way in this class.
Application of material helpful for psets
solidified some of my knowledge from lecture
A good overview of microeconomics, with a good combinations of formulas and a deeper understanding of the meaning of different terms. A lot of training in visualising in diagrams to get a good understanding of the connections between different concepts.
Demand. Risk/Insurance. Costs, Perfect competition, monopoly, and oligopolies.
microeconomic concepts and mathematical methods
micro 1 Columbia University: Arts & Sciences Fall 2021 Course: ECONUN3212_001_2021_3-INTERMICROECONOMICS-DISC : ECONUN3212_001_2021_3 - INTER MICROECONOMICS-DISC
This course greatly helped me understand fundamental concepts covered in class. The teaching assistants often stayed behind after office hours were officially over to answer students' questions.