INTERMEDIATE MICROECONOMICS - II


Course Description

This course is a sequel to Intermediate Microeconomics I. The emphasis will be on giving conceptual clarity to the student coupled with the use of mathematical tools and reasoning. It covers general equilibrium and welfare, imperfect markets and topics under information economics.

Course Outline

1. General Equilibrium, Efficiency and Welfare

Equilibrium and efficiency under pure exchange and production; overall efficiency and welfare economics.

2. Market Structure and Game Theory

Monopoly; pricing with market power; price discrimination; peak-load pricing; two-part tariff; monopolistic competition and oligopoly; game theory and competitive strategy.

3. Market Failure

Externalities; public goods and markets with asymmetric information.

THIS SECTION COMPRISES PREVIOUS YEAR PAPERS OF INTERMEDIATE MICROECONOMICS.



Readings:

1. Hal R. Varian, Intermediate Microeconomics, a Modern Approach, 8th edition, W.W. Norton and Company/Affiliated East-West Press (India), 2010.The workbook by Varian and Bergstrom could be used for problems.

2. C. Snyder and W. Nicholson, Fundamentals of Microeconomics, Cengage Learning

(India), 2010.

Comments

  1. Anonymous19 May 2022 at 03:30

    Sir
    2015 set 2 and
    2015 set 3
    are the past year paper of Intermediate MACROECONOMICS
    kindly review and correct this

    ReplyDelete
  2. Chetna12 January 2023 at 11:20

    Can you share readings for inter mic eco 2

    ReplyDelete

Post a Comment

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