Microeconomics II (2 º Sem 2020/2021)

ECN , MNG

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