Microeconomics II

(25040 -Group 4)

Professor:	Sjaak Hurkens
Office Hours:	Mondays from 16.00 to 17.00.
Office:	Institute for Economic Analysis, office 53. (map)
E-mail:	sjaak.hurkens "at" iae.csic.es


Teaching Assistant:	Maryia Melnychuk
E-mail:	mmelnychuk "at" idea.uab.es


Lectures:	Mondays and Wednesdays: 10:30 - 11:45. Aula 20.
Practice:	Fridays: 10:30 - 11:45. Aula 21.
Textbook:	Hal Varian: Intermediate Microeconomics: A Modern Approach. W.W.Norton (2003, sixth edition) or newer. http://www.wwnorton.com/college/titles/econ/hal7/
Exercises:	PDF file with exercises here
GRADES FROM HOME ASSIGNMENT:	here

Topics
During this intermediate microeconomics II course, we will cover the following topics of Varian (2003):

Consumer'surplus and market demand (chapters 14, 15)
Perfect competition (chapter 16)
Monopoly (chapters 23, and 14)
Oligopoly (chapter 26) material product differentiation
General equilibrium: exchange and production (chapters 28 and 29)
Welfare, public goods and externalities (if we have time) (chapters 30, and 31)

Teaching method
There will be “docències tutoritzades” during three weeks. These sessions will involve two different types of exercises.
During three of these sessions, the students will solve several theoretical and empirical exercises (mini-exams).
These will count towards the final grade of the “1º convocatoria”.
During the other three sessions, the students will present their results from the take-home written assignment.
The mini-exams will take place in room 20 on: (1) Wednesday March 26^th, (2) Monday April 21^st, and (3) Monday May 19.
The student presentations will take place in room 20 on: (1) Monday March 31^th, (2) Monday May 5^st, and (3) Wednesday May 7.

Evaluation of the Course:

1ª convocatoria:

The final exam will count for 50% of the final grade.
Another 20% of the final grade will be calculated by averaging the best two grades of the three mini-exams that will take place during the course. If a student cannot take a mini-exam, his grade for that exam will be zero. The mini-exams can only be taken in the group the student is registered and on the day and time announced. If a student cannot take a mini-exam, there will be no remake of the exam at any other time or place. However, missing a mini-exam does not prevent from taking the average grade from the other two grades to calculate the 20% of the final grade.
The final 30% of the grade will be based on presenting a take-home written assignment (explained in class) and making a class presentation.

2ª convocatoria (septiembre):

The final exam will count for 100% of the final grade.
That is, neither mini-exams not take-home assignment will count for the grade in september.