Microeconomics II (2 º Sem 2020/2021)
Syllabus Link
I - Monopoly
1 -Profit Maximization
2 - Linear Demand Curve and Monopoly
3 - Markup Pricing
4 - Inefficiency of Monopply
5 - Deadweight Loss of Monopply
6 - Natural Monopply
7 - What Causes Monopolies
II - Monopolistic Behaviour
1 - Price Discrimination
2 - First-Degree Price Discrimination
3 - Second-Degree Price Discrimination
4 - Third-Degree Price Discrimination
5 - Two-Part Tariffs
6 - Monopolistic Competition
III - Oligopoly
1 - Choosing a Strategy
2 - Quantity Leadership
3 - Price Leadership
4 - Comparing Price Leadership and Quantity Leadership
5 - Simultaneous Quantity Setting
6 - An Example Cournot Equilibrium
7 - Adjustament to Equilíbrium
8 - Many Firms in Cournot Equilíbrium
9 - Simultaneous Price Setting
10 - Collusion
11 - Punishment Strategies
IV- Game Theory
1 - The Payoff Matrix of a Game
2 - Nash Equilíbrium
3 - Mixed Estrategies
4 - The Prisoner's Dilemma
5 - Repeated Games
6 - Enforcing a Cartel
7 - Sequencial Games
8 - A Game of Entry Deterrence
V- Uncertainty
1 - Contingent Consumption
2 - Utility Functions and Probabilities
3 - Expected Utility
4 - Why Expected Utility Is Reasonable?
5 - Risk Aversion
6 - Diversification
7 - Risk Spreading
VI-Asymmetric Information
1 - The Market for Lemons
2 - Quality Choice
3 - Adverse Selection
4 - Moral Hazard
5 - Moral Hazard and Adverse Selection
6 - Signaling
7 - Incentives
8 - Asymmetric Information
VII-Externalidties
1 - Smokers and Nonsmokers
2 - Quasilinear Preferences and the Coase Theorem
3 - Production Externalities
4 - Interpretation of the Conditions
5 - Market Signals
6 - The Tragedy of the Commons
VIII-Public Goods
1 - When to Provide a Public Good?
2 - Private Provision of the Public Good
3 - Free Riding
4 - Diferent Levels of the Public Good
5 - Quasilinear Preferences and Public Goods
6 - The Free Rider Problem
7 - Comparison to Private Goods