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Poslední úprava: Mgr. Matěj Opatrný, Ph.D. (26.09.2023)
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Poslední úprava: Mgr. Matěj Opatrný, Ph.D. (26.09.2023)
First part of the course provides an introduction to microeconomics theory about consumer and risk. Second part of the course covers an introduction to general equilibrium. The theory of uncertainty and risk and general equilibrium under uncertainty serve as fundamental basis for modern finance theory. Therefore the relevance of general microeconomics theory to finance theory is emphasized in this class. |
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Poslední úprava: Mgr. Matěj Opatrný, Ph.D. (26.09.2023)
Main textbook: A. Mas-Colell, M. Whinston, and J. Green: Microeconomic Theory, Oxford University Press, 1995. Supplementary textbook: JEHLE, Geoffrey Alexander. Advanced microeconomic theory. Pearson Education India, 2001. Additional literature: S. LeRoy and J. Werner: Principles of Financial Economics 2nd edition, 2014. J. Danthine and J. Donaldson: Intermediate Financial Theory 3rd edition, 2014. Blavatskyy, P., Ortmann, A., & Panchenko, V. (2022). On the experimental robustness of the Allais paradox. American Economic Journal: Microeconomics, 14(1), 143-63. Shepard, M. (2022). Hospital network competition and adverse selection: evidence from the Massachusetts health insurance exchange. American Economic Review, 112(2), 578-615 Fischer, P. E., & Verrecchia, R. E. (2000). Reporting bias. The Accounting Review, 75(2), 229-245. Edmans, A., & Gabaix, X. (2016). Executive compensation: A modern primer. Journal of Economic Literature, 54(4), 1232-87. Vedran Kojić, 2015. "Solving the utility maximization problem with CES and Cobb-Douglas utility function via mathematical inequalities," EFZG Working Papers Series 1504. Microeconomics: Theory with Applications (8th Edition) 8th Edition B. Curtis Eaton, Diane F. Eaton, Douglas W. Allen: Microeconomics: Theory with Applications 8th Edition, 2011, chapter 17 Choice Making Under Uncertainty J. Levin: Choice under Uncertainty, Stanford, mimeo, 2006. |
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Poslední úprava: Mgr. Matěj Opatrný, Ph.D. (26.09.2023)
Lectures, seminars, exams, activity. |
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Poslední úprava: Mgr. Vojtěch Mišák (24.11.2023)
Exam dates and content: (preliminary, subject to possible change) Midterm 1: October 30, 2023 (MWG chapters 1-3) Exam 1st term: December 18, 2023 |
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Poslední úprava: Mgr. Matěj Opatrný, Ph.D. (26.09.2023)
JEM003, JEM215 - Advanced Microeconomics Fall 2023/24 See attached file. |
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Poslední úprava: Mgr. Matěj Opatrný, Ph.D. (26.09.2023)
No entry requirements for Master students. |