This is a one-semester PhD level course in Microeconomic Theory. The course is designed to provide a broad overview of microeconomic theories and issues, so that students who do not go on to specialize in microeconomics will have a well-rounded knowledge of microeconomics. This course analyzes how individual economic units such as households and firms make their choices and how such choices interact in the market to determine prices. The topics covered in this course are consumer preferences and choice, classical demand theory, choice under uncertainty, producer theory, elements of game theory and general equilibrium.
- Lecturer: Teimuraz Gogsadze