Intermediate microeconomics
by Lund University
This is an intermediate course in microeconomics. It is based on the book Intermediate microeconomics by Hal Varian.
Chapter 1: Budget Constraint
This chapter is based on chapter 2 of Intermediate microeconomics by Hal Varian. We begin this chapter by introducing the two-goods model, a model we will work with for the first five chapters. We have two goods, two prices and one individual with income m. This chapter is about the restrictions faced by the consumer who cannot spend more than her income. The most important concept in the chapter is the budget line and we will see how to draw the budget line and how it changes when prices and/or income change.
Chapter 2: Preferences
This chapter is based on chapter 3 of Intermediate microeconomics by Hal Varian.
Chapter 3: Utility
This chapter is based on chapter 4 of Intermediate microeconomics by Hal Varian.
Chapter 4: Choice and demand
This chapter is based on chapter 5 and 6 of Intermediate microeconomics by Hal Varian.
Chapter 5: Consumer surplus and market demand
This chapter is based on chapter 14 and 15 of Intermediate microeconomics by Hal Varian.
Chapter 6: Technology
This chapter is based on chapter 19 of Intermediate microeconomics by Hal Varian.
Chapter 7: Profit maximization and cost minimization
Profit maximization and cost minimization, coming soon
Chapter 8: Cost curves and firm supply
Cost curves and firm supply, coming soon
Chapter 9: Industry supply and monopoly
Industry supply and monopoly, coming soon
Chapter 10: Oligopoly and exchange
Oligopoly and exchange, coming soon