Intermediate microeconomics

by Lund University

This is an intermediate course in microeconomics. It is based on the book Intermediate microeconomics by Hal Varian. Lectures will be added throughout 2018.

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