Outline Mata KuliahEkonomi Mikro Madya

Program Studi Magister Ekonomi Terapan.

Dosen: Prof. Dr. Armida Alisjahbana, SE, MA/Dr. Arief Anshory Yusuf, SE, M.Sc

Textbook:

1. Nicholson, Walter, and Christopher Mark Snyder. Microeconomic Theory: Basic Principles and
Extensions: Basic Principles and Extensions. Cengage Learning, 2012.[N]
2. Varian, Hal R. Microeconomic analysis. New York: Norton, 1984 (Third Edition) [V]

No Topic Chapter(s) in text book/materials

0 Pre-requisite: Review of calculus and optimization N1
Youtube video
Online learning (+ assignment)
http://tinyurl.com/mikro-kalkulus
http://tinyurl.com/mikro-optimisasi

1 Preferences, utility, and utility function N3 - Preference and utility

V7 – Utility maximization
2 Consumer’s optimization 1 N4 - Utility maximization and choice
Utility maximization, Marshallian demand, indirect V7 – Utility maximization
utility function
3 Consumer’s optimization 2 N4 - Utility maximization and choice
Expenditure minimization, Hicksian demand, V8 – Choice
expenditure function
4 Consumer’s optimization 2 N5 - Income & substitution effect;
Income and substitution effect V8 – Choice
Slutsky equation – derivation and intuition
5 Application: Welfare analysis N5 - Income & substitution effect
Compensating variation, equivalent variation, change V10 – Consumer’s surplus
in consumer’s surplus, application Others
6 Uncertainty and information N7 - Uncertainty and information
7 Production function N9 - Production function
V1 - Technology
8 Ujian Tengah Semester (UTS) Lecture 1 - 7
9 Cost minimization N10 - Cost function
Demand for input, minimum cost function, Shepherd
lemma, long-run and short run cost minimization
10 Profit Maximization N11 - Profit maximization
V2 – Profit maximization
V3 – Profit function
11 Partial equilibrium competitive model N12 - Partial equilibrium competitive
model
12 General equilibrium model 1 N13 – General equilibrium and welfare
13 General equilibrium model 2: Application N13 and others
14 Imperfect competition: Monopoly, Oligopoly, N14 & N15
Monopolistic competition V14 & V16
15 Market failure N19 – Externalities and public goods
Public goods and externalities V23 & V24
16 UjianAkhir Semester (UAS) Lecture 9 - 15