UNIVERSITY OF GUELPH College of Management and Economics Department of Economics ECON*6000 Microeconomic Theory I Instructor: Kurt Annen E-Mail:

: kannen@uoguelph.ca Office: MacK 713, Phone Ext.: 53733 Office Hours: Tues., Thurs. 4:00 5:00pm Lectures: TT 10:00 11:20, in Room MacK308 Lab F: 8:30 9:20, in Room RozH108 It is your responsibility as a student to be aware of and to abide by the Universitys policies regarding academic misconduct, e-mail communication, maintaining copies of out-of class assignments, what to do when you cannot meet a course requirement and the drop date for this semester. To better understand these policies, visit: http://www.economics.uoguelph.ca/courses.asp 1. Course Description Fall 2010

This course is designed to provide a comprehensive understanding of the relationship between individual behaviour and market formation as well as to provide you with the basic tools needed as a graduate student for modelling economic problems and later as professional economists in your future careers. The development of economic intuitions is considered as important as the understanding of the formal tools in this course. The following topics are covered: Optimization in Economic Theory: A General Understanding Choices in Production and Consumption under Perfect Competition General Equilibrium Choice under Uncertainty Strategic Choices and Imperfect Competition (Game Theory)

More information about this course, which includes a detailed course plan, can be found on the class web-site at https://courselink.uoguelph.ca/ 2. Readings The following three textbooks are required: 1. Optimization in Economic Theory, 2d edition, by A.K. Dixit, Oxford, 1990. 2. Microeconomic Analysis, 3rd edition, by Hal R. Varian, W.W. Norton & Company, 1992. 3. A Course in Game Theory by Martin J. Osborne and Ariel Rubinstein, MIT Press, 1994. (This book available for free at http://theory.economics.utoronto.ca/books)

ECON*6000 2 Fall 2010 Instructor: K. Annen 3. Requirements 4 assignments, 2 quizzes, 1 midterm and the final exam. The assignments, quizzes, and the midterm count each for 20% towards your final mark. The final exam counts for 40%. Note that if your final exam is better than your term work, then I change the weighting for the term work from 60% to 40% and for the final exam from 40% to 60%. Quizz 1: October 8, in Lab. Midterm Exam: October 19, in Class. Quizz 2: November 12, in Lab. Final Exam: December 6, 9:00 noon, in TBA

You will be asked to complete an evaluation of this course at some time during the last two weeks of the semester. The Department of Economics policy regarding the conduct and use of these evaluations will be found at: http://www.economics.uoguelph.ca/course-evaluation.asp