Microeconomic Theory I

Christopher N. Avery and Elon Kohlberg

HBS 4010 / Econ 2020a / KSG API-111

Focuses on the theory of microeconomic behavior. Covers consumption, behavior toward risk, production, markets, and general equilibrium. Also looks at applications to policy analysis, business decisions, industrial organization, finance, and the legal system. Emphasizes the use of economic theory in analyzing and understanding practical problems. This is a comprehensive course in economic theory designed for doctoral students in all parts of the university. Undergraduates with the appropriate background are welcome, subject to the instructor's approval.

Prerequisite: Two years of calculus and one course in probability theory. Thorough background in microeconomic theory at the intermediate level. Undergraduates with the appropriate background are welcome.