Microeconomic Theory video slides

Slides for the youtube microeconomic theory videos (8 sets of slides in total)

Although it's acceptable to download it for free (just enter zero price), feel free to buy me a coffee if you wish to do so.

YouTube Links:

Lesson 1 (09 SEP 2022): missing due to technical problems

Lesson 2 (16 SEP 2022): https://youtu.be/NVTDOghu7oU

Lesson 3 (23 SEP 2022): https://youtu.be/sS76PmZKsTM

Lesson 4 (30 SEP 2022): https://youtu.be/7gVLP8YzFXQ

Lesson 5 (07 OCT 2022): https://youtu.be/NDyslnhWfd8

Lesson 6 (14 OCT 2022): https://youtu.be/pbKt6DBPr6s

Lesson 7 (21 OCT 2022): https://youtu.be/my79qT3HBOs

Lesson 8 (28 OCT 2022): https://youtu.be/VLbIvsGvt60

Lesson 9 (04 NOV 2022): https://youtu.be/aVqj-v6Zpgk

Lesson 10 (11 NOV 2022): https://youtu.be/KB045OWCkpQ

Lesson 11 (18 NOV 2022): https://youtu.be/aRhEF2NkC_E

Lesson 12 (25 NOV 2022): https://youtu.be/3CJjjrlv8mQ

Content for each lesson:

Lesson 1

Preference and utility

Utility Maximization problem

Marshallian demand

Lesson 2

Utility maximization problem

Indirect utility function

Expenditure minimization problem

Hicksian demand

Expenditure function

Welfare

Compensating variation

Equivalent variation

Lesson 3

Producer

Production Function

Cost Function

Lesson 4

Producer

Profit maximization

Producer surplus

Equilibrium

Perfect competition

Monopoly

Lesson 5

Equilibrium

Cournot

Bertrand

Monopolistic competition

General equilibrium

Existence

Lesson 6

Equilibrium

General equilibrium

First Welfare Theorem

Second Welfare Theorem

Core

Lesson 7

Uncertainty

Lottery/Gamble

Expected Utility

Risk Preference

Stochastic Dominance

Lesson 8

Uncertainty

mean-variance analysis

Overview of game theory

Static game of complete information

Normal-form game

Dominance

Nash equilibrium

Lesson 9

Static game of complete information

Property of Nash equilibrium

Best response

Mixed strategies

Existence

Refinement/Selection

Lesson 10

Dynamic game of complete information

Sequential Game

Subgame perfection

Simultaneous move

Repeated game

Lesson 11

Dynamic game of complete information

Repeated game

Application: Price Coordination

Static game of incomplete information

Lesson 12

Static game of incomplete information

Auction

Dynamic game of incomplete information

Signaling game