本科课程《教学大纲》1、课程基本信息课程名称(中、英文):西方微观经济学(双语)Microeconomics课程号(代码):10208130课程类别:专业基础课学时:51学分:32,CourseDescription:Thiscourseprovidesstudentswithbasicconceptsandtechniquesneededtoanalyzeeconomicproblemsinavarietyofcontexts.Studentswillstudyhowvariouseconomicagentsmaketheirchoicesanddecisionsinamarketenvironment,andtheimplicationsofthosechoicesanddecisionsfortheallocationofproductiveresources.Thiscourseisdividedintofourparts:TheoryoftheConsumer,TheoryoftheFirm,TheoryofMarkets,andaBriefIntroductiontoGeneralEquilibriumTheory.Aftersuccessfulcompletionofthiscoursestudentswillbeabletodemonstratecommandofbasicandintermediatemicroeconomicconceptsandgraphicalmodels,andapplythemtonewsituations.3,CourseOutlinePARTONE:BASICCONCEPTS(15Courses)Chapter1:TheFundamentalsofEconomicsFundamentalConcepts:scarcityandefficiency,freegoodsvs.economicgoods,macroeconomicsandmicroeconomics,normativevs.positiveeconomics,opportunitycostKeyProblemsofEconomicOrganization:what,how,andforwhomProduction-possibilityfrontier(PPF)Chapter2:MarketsandGovernmentinaModernEconomy1.Definedemand/supplyinamarketusingwords,tables,anddiagrams.2.Illustratetheshiftsindemandcausedbychangesinfactorsotherthanpricethatinfluenceaconsumer’swillingnesstopurchase.3.Explainthedifferencebetweenchangesindemand/supplyandchangesinquantitydemanded/supplied.4.Illustratetheshiftsinsupplycausedbychangesinfactorsotherthanpricethatinfluenceafirm’swillingnesstoproduceandsell.5.Usetheconceptsofshortagesandsurplusestoillustratethenaturaltendencyofamarkettomovetowardequilibrium.6.Showtheeffectsofshiftsinsupplyordemandusingdiagrams.Chapter3:BasicElementsofSupplyandDemandElasticityConcepts:priceelasticityofdemand,supplyelastic,inelastic,unit-elasticdemand,determinantsofelasticity,totalrevenue=P×Q,relationshipofelasticityandrevenuechangeApplicationsofSupplyandDemand:incidenceofatax,distortionsfrompricecontrols,rationingbypricevs.rationingbythequeuePARTTWO:MICROECONOMICS:SUPPLY,DEMAND,ANDPRODUCTMARKETS(30Courses)Chapter4:DemandandConsumerBehaviorFundamentalConcepts:utility,marginalutility,utilitarianism,lawofdiminishingmarginalutility,demandshiftsfromincomeandothersources,ordinalutility,consumersurplusEquimarginalprincipleofequalMUoflastdollarspentoneachgood:MU1/P1=MU2/P2=MUper$ofincomesubstitutioneffectandincomeeffectparadoxofvalueChapter5:ProductionThoeryFundamentalConcepts:inputs,outputs,productionfunction,total,average,andmarginalproduct,DiminishingmarginalproductandthelawofdiminishingreturnsConstant,increasing,anddecreasingreturnstoscaleChapter6:AnalysisofCostsAnalysisofCoststotalcosts:fixedandvariable,marginalcost,least-costruleUsefulrulestoremember:TC=FC+VCAC=TC/qAC=AFC+AVCAtthebottomofU-shapedAC,MC=AC=minimumAC.Chapter7:AnalysisofPerfectlyCompetitiveMarketsCompetitiveSupplyP=MCasmaximum-profitconditionfirm'ssssupplycurveanditsMCcurvezero-profitcondition,whereP=MC=ACshutdownpoint,whereP=MC=AVCsummingindividualsscurvestogetindustrySSlong-runzero-profitconditionproducersurplus+consumersurplus=economicsurplusefficiency=maximizingeconomicsurplusEfficiencyandEquityallocativeefficiency,Paretoefficiencyconditionsforallocativeefficiency:MU=P=MCefficiencyofcompetitivemarketsefficiencyvs.equityChapter8:ImperfectCompetitionPatternsofImperfectCompetition:perfectvs.imperfectcompetition,monopoly,oligopoly,monopolisticcompetition,productdifferentiationbarrierstoentry(governmentandeconomic)MarginalRevenueandMonopoly:marginal(orextra)revenue,MR,MR=MCastheconditionformaximizingprofits,naturalmonopoly,themarginalprinciple,Cournotmodel\StackelbergmodelTheNashequilibriumconceptcanalsobeappliedtomarketsinwhichfirmsproducesubstitutegoodsandcompetebysettingprice.ThePrisoners’Dilemmacreatespricerigidityinoligopolisticmarkets.PARTTHREE:FACTORMARKETS:LAND,LABOR,CAPITAL,ANDINCOMEDISTRIBUTION(6Courses)Chapter9:TheLaborMarketWageDeterminationUnderPerfectCompetition:elementsindemandforlabor,elementsinsupplyoflabor:,incomeeffectvs.substitutioneffect,compensatingdifferentialsinwages,rentelementinwages,segmentedmarketsandnoncompetinggroupsImpactofUnionsDiscriminationinLaborMarketsChapter10:LandandCapitalLand:rent,inelasticsupplyofland,taxationoffixedfactors,HenryGeorge'ssingletaxCapitalandInterest:capital,capitalgoods,tangibleassetsvs.financialassets,rentals,rateofreturnoncapital,interestrate4,RequiredTextbookSamuelson&Nordhous,Economics,17thedition5,RecommendedTextbook1.ThePrinciplesofEconomics,Mankiw,2.IntermediateMicroeconomics:AModernApproach(SixthEdition),byHalR.Varian,2003.W.W.Norton.6,GradingpolicyThecoursegradewillbebasedonhomework,midtermexam,andafinalexam.Theweightsare:Homework:15%Midtermexam:25%Finalexam:40%Others:20%