This course deals with General Equilibrium Theory with/-out uncertainty and its Welfare Effects. It basically covers:
• Walrasian equilibrium
• Pure exchange economy: the Edgeworth box
• The one-consumer, one-producer economy
• The first and the second fundamental theorems of welfare economics
• Existence and Uniqueness of equilibrium
• Arrow-Debreu equilibrium
• Radner equilibrium
• Asset markets
Students are expected to be familiar with the materials of the course Microeconomics 1a.
• Mas-Colell, M.D. Whinston and J.R. Green (1995), Microeconomic Theory (chapters 15, 16, 17 and 19)
Frequency | Weekday | Time | Format / Place | Period | |
---|---|---|---|---|---|
weekly | Di | 8-10 | 19.10.2015-12.02.2016 | Raum siehe Veranstaltung 312203 | |
weekly | Mi | 16-18 | 19.10.2015-12.02.2016 | Raum siehe Veranstaltung 312203 |
Date | Time | Format / Room | Comment about examination |
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Tuesday, February 23, 2016 | 10:00-12:00 | H1 | |
Thursday, April 7, 2016 | 10:00-12:00 | H7 |
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Module | Course | Requirements | |
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31-M-Micro1 Microeconomics 1 | Microeconomics | Student information | |
31-MM12 Mikrotheorie und -politik | Allgemeine Gleichgewichtstheorie | Graded examination
|
Student information |
31-MM12-WiMa Mikrotheorie und -politik | Allgemeine Gleichgewichtstheorie | Graded examination
|
Student information |
The binding module descriptions contain further information, including specifications on the "types of assignments" students need to complete. In cases where a module description mentions more than one kind of assignment, the respective member of the teaching staff will decide which task(s) they assign the students.