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1、MicroeconomicsSyllabus,Fall2013,YanFeng----------------------------------------------------------------------------------------------------------------Microeconomics(SessionF1)PekingUniversityHSBCBusinessSchoolInstructor:Feng,YanC407,HSBCBusinessSchoolTel:
2、26032985fengyan@phbs.pku.edu.cnClassHours:Sep.2toNov.7MondaysandThursdays10:30am-12:20pmClassroom:C125OfficeHours:Wednesdays3:30pm-5:30pm,orbyappointment.TeachingAssistant:TBA1.CourseOverviewThiscoursecoversthefundamentaltheoriesoftheconsumer,thefirm,andth
3、emarkets.Studentswilllearnhowchangesinsupplyanddemandintheproductandresourcemarketsaffectpricesandquantitiesavailable.Theywillbepresentedwiththeprinciplesofmarginalanalysis,consumerbehavior,andthetheoryofthefirm.Othertopicswillincludethedeterminationofprof
4、itmaximizingoutputandpricingdecisionsofbusinessinvariousmarketstructures,thedeterminationofwagesandincomedistribution.Thesearethetoolsthatallowtheexaminationofvarioussocialproblems,includingpoverty,trafficjam,unemployment,andpollution,tonamejustafew.Basedo
5、ntheinformationandknowledgedeliveredinthisclassandtheformingofyourownperceptionandunderstandingofthequestions,afterthisclass,studentsareexpectedtobeableto:•understandtheroleofmarketsinallocatingscarceresources;•understandtheimpact(goodandbad)ofgovernmentin
6、terventioninthemarket;•understandmediadiscussionsinvolvingbusinessandpoliciesanddistinguishwhatisreasonableandwhatarejustbogusclaims;•askgood(sensible)economicquestions,bothtoyourselfandtoothers;•offergoodargumentsregardingtheanswerstovariousreallifesocio-
7、economicproblems.Inthisclass,commentsandquestionsarewelcomeandencouraged.Thingsthatseemconfusingorcontroversialarenaturallythatwayforsomeofthetopics;studentsandinstructorsbothwillbenefitifyouaskinterestingquestions.Itisratherdifficulttofindaperfectandunamb
8、iguousanswertosomespecificsocio-economicquestions;alevel-headedandopendiscussionisveryinspiringinthecontextofaclassroom,andisthusencouraged.1MicroeconomicsSyllabus,Fall2013,YanFeng----------------------------