The Ohio State University

Econ 805--Microeconomic Theory II

Professor James Peck

 

Course Objectives: 

The course covers general equilibrium theory, including existence and welfare theorems, production, and uncertainty. We will cover insurance and securities markets with uncertainty but symmetric information. We then move on to various notions of perfect competition with asymmetric information. There will be an extensive introduction to game theory, which we use to analyze imperfect competition.

 

 

   2012 Syllabus

 

General Equilibrium

GE (contd)

the Rothschild-Stiglitz and Akerlof models

Game Theory Slides:  Part 1

Game Theory Slides:  Part 2

Game Theory Slides:  Part 3

Game Theory Slides:  Part 4

Game Theory Slides:  Part 5

Backwards Induction:  the game, Gamma 3

Game Theory Slides:  Part 6

Game Theory Slides:  Part 7

Beer and Quiche

The Spence Signaling Game

Monopoly

Oligopoly

A Stackelberg Game with Incomplete Information

Analysis of Stackelberg Game

Double-Marginalization Example

 

    Homeworks:

Homework #1 (due Wednesday January 18)

Homework #1 Answers

Homework #2 (due Wednesday February 1)

Homework #2 Answers

Homework #3 (due Wednesday February 22)

Homework #3 Answers

Homework #4 (due Monday March 5)

Homework #4 Answers

 

Extra Problems on General Equilibrium

Extra Problems on Production and Uncertainty

Extra Problems on Production and Uncertainty:  Answers

A Rothschild-Stiglitz Problem

Answer to Rothschild-Stiglitz Problem

 

Previous Years' Exams:

Midterm Questions and Answers, Winter 2012

Final Exam Questions and Answers, Winter 2012

Midterm Questions and Answers, Winter 2011

Final Exam Questions and Answers, Winter 2011

First Midterm Exam Questions and Answers, Winter 2010

Second Midterm Exam Questions and Answers, Winter 2010

Midterm Exam Questions and Answers, Winter 2009

Final Exam Questions and Answers, Winter 2009

Midterm Exam Questions and Answers, Winter 2008

Final Exam Questions and Answers, Winter 2008

Midterm Exam, Winter 2004

Midterm Answers, Winter 2004

    Game Tree for Question 1, Winter 2004

Final Exam Questions and Answers, Winter 2004

Midterm Exam, Winter 2003

Midterm Answers, Winter 2003

            Game Tree for Question 1, Winter 2003

Final Exam Answers, Winter 2003

 

    Midterm Exam, Winter 2000

    Midterm Answers, Winter 2000

    Final Exam, Winter 2001

    Final Exam Answers, Winter 2001 (Part 2)

    Final Exam Answers, Winter 2002 (Part 2)

 

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