Microeconomics 1 (ECO-CO-MICRO-1)
ECO-CO-MICRO-1
| Department |
ECO |
| Course category |
ECO Compulsory courses |
| Course type |
Course |
| Academic year |
2026-2027 |
| Term |
BLOCK 1 |
| Credits |
4 (European Credit Transfer (ECO)) |
| Professors |
|
| Contact |
Neeman, Zvika
|
| Sessions |
|
| Syllabus |
Link
|
| Enrolment info |
Contact zvika.neeman@eui.eu for enrolment details. |
Description
Administrative information
Full Module Title Microeconomics 1, Block 1
Study Programme EUI Ph.D. Program 2026/2027
ECTS 4 (100 learning hours)
Time Period Fall, 2026
Mode of Delivery F2F
Lead Instructor Professor Zvika Neeman (zvika.neeman@eui.eu)
Teaching Assistant Piotr Tomasz Gala & Yuchuan Yang
Teaching and learning information
Module description
The course examines individual choice and competitive markets. In the first part of the course, we analyze the problem of individual choice, and establish properties of individual and aggregate demand functions. We also analyze individual choice under uncertainty. In
the second part of the course, we investigate what economic outcomes and allocations are feasible and efficient in competitive markets. We analyze the properties of general equilibrium allocations when consumers and firms trade in competitive markets.
Assessment
Final Exam (90%): The final exam will cover all material from class, TA sessions, and assigned readings. Students may not use outside materials. It will consist of proofs covered in the course (or close variations) and questions similar to problem sets and textbook exercises.
Problem Sets (10%): Five problem sets will be distributed. Collaboration is encouraged, but each student must submit individual answers.
Academic Misconduct: Students are expected to refrain from any form of misconduct as defined by the EUI Code of Ethics in Academic Research.
Attendance Compulsory.
Module structure:
Week 1: Preference and Choice; Consumer Choice
MWG chapters 1 and 2
Week 2: Classical Demand Theory; Aggregate Demand
MWG chapters 3 and 4
Week 3: Choice under Uncertainty
MWG chapter 6
Week 4: Equilibrium and Welfare
MWG chapters 15 and 16
Week 5: The Positive Theory of Equilibrium; Core and Equilibria
MWG chapters 17 and 18
Bibliography and further readings
Main Textbook
• Mas-Colell, Whinston and Green (1995): Microeconomic Theory. Oxford University Press
(MWG).
Supplementary Reading
• Jehle and Reny (2011): Advanced Microeconomic Theory, 3rd Edition. Pearson.
Register for this course
Page last updated on 05 September 2023