
Lecture Notes in Microeconomic Theory
Description
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This book presents Ariel Rubinstein's lecture notes for the first part of his well-known graduate course in microeconomics. Developed during the fifteen years that Rubinstein taught the course at Tel Aviv University, Princeton University, and New York University, these notes provide a critical assessment of models of rational economic agents, and are an invaluable supplement to any primary textbook in microeconomic theory.
In this fully revised and expanded second edition, Rubinstein retains the striking originality and deep simplicity that characterize his famously engaging style of teaching. He presents these lecture notes with a precision that gets to the core of the material, and he places special emphasis on the interpretation of key concepts. Rubinstein brings this concise book thoroughly up to date, covering topics like modern choice theory and including dozens of original new problems.
Written by one of the world's most respected and provocative economic theorists, this second edition of Lecture Notes in Microeconomic Theory is essential reading for students, teachers, and research economists.
- Fully revised, expanded, and updated
- Retains the engaging style and method of Rubinstein's well-known lectures
- Covers topics like modern choice theory
- Features numerous original new problems-including 21 new review problems
- Solutions manual (available only to teachers) can be found at: http://gametheory.tau.ac.il/microTheory/.
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Content
Introduction ix
Lecture 1. Preferences 1
Problem Set 1 10
Lecture 2. Utility 12
Problem Set 2 20
Lecture 3. Choice 23
Problem Set 3 41
Lecture 4. Consumer Preferences 45
Problem Set 4 58
Lecture 5. Demand: Consumer Choice 60
Problem Set 5 73
Lecture 6. Choice over Budget Sets and the Dual Consumer 75
Problem Set 6 82
Lecture 7. The Producer 85
Problem Set 7 92
Lecture 8. Expected Utility 94
Problem Set 8 104
Lecture 9. Risk Aversion 107
Problem Set 9 119
Lecture 10. Social Choice 121
Problem Set 10 128
Review Problems 131
References 147
Index 151
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