Faculty of Economics

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ECN300CA(経済学 / Economics 300)
Micro Economics B

Ryo KAWASAKI

Class code etc
Faculty/Graduate school Faculty of Economics
Attached documents
Year 2023
Class code K6769
Previous Class code
Previous Class title
Term 秋学期授業/Fall
Day/Period 金1/Fri.1
Class Type
Campus 多摩
Classroom name オンライン/online
Grade 3
Credit(s) 2
Notes
Open Program
Open Program (Notes)
Global Open Program
Interdepartmental class taking system for Academic Achievers
Interdepartmental class taking system for Academic Achievers (Notes)
Class taught by instructors with practical experience
SDGs CP
Urban Design CP
Diversity CP
Learning for the Future CP
Carbon Neutral CP
Chiyoda Campus Consortium
カテゴリー(2015年度以前入学生) 専門教育科目
カテゴリー(2016年度以降入学生) 専門教育科目
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Outline and objectives

The course continues to focus on basic elements of game theory and how they are used in microeconomic theory. To fully appreciate how game theory is used, a brief overview of classical microeconomic theory will be provided whenever appropriate.

Goal

By the end of the course, students can expect to be able to do the following:

A) understand basic elements of microeconomic theory
B) understand the concepts of game theory
C) to apply game theory to certain economic phenomena
D) to be able to use to be able to use some mathematical tools that are used in economic theory

Which item of the diploma policy will be obtained by taking this class?

ディプロマポリシーのうち、経済学科は「DP1」「DP7」「DP8」「DP9」に関連。国際経済学科・現代ビジネス学科は「DP1」「DP7」に関連。

Default language used in class

英語 / English

Method(s)(学期の途中で変更になる場合には、別途提示します。 /If the Method(s) is changed, we will announce the details of any changes. )

The classes will be held online. Handouts will be available at Hoppii. Also, students will be assigned online assignments, which will be available at Hoppii. The schedule below is tentative and is subject to change.

Active learning in class (Group discussion, Debate.etc.)

なし / No

Fieldwork in class

なし / No

Schedule

授業形態/methods of teaching:オンライン/online

※各回の授業形態は予定です。教員の指示に従ってください。

1[オンライン/online]:Introduction and mathematical preliminaries

Introduction, mathematical preliminaries

2[オンライン/online]:Demand and supply

Review of demand and supply

3[オンライン/online]:Consumer theory (1)

Utility functions

4[オンライン/online]:Consumer theory (2)

Deriving demand functions

5[オンライン/online]:Auction (1)

Second-price auction, indivisible goods

6[オンライン/online]:Two-sided matching (1)

Market with indivisibilities and many sellers

7[オンライン/online]:Two-sided matching (2)

Labor market with indivisibilities with inflexible wages

8[オンライン/online]:Bargaining (1)

Review of game tree, bargaining games

9[オンライン/online]:Bargaining (2)

Nash bargaining solution

10[オンライン/online]:Choice under uncertainty (1)

Expected utility, lottery

11[オンライン/online]:Choice under uncertainty (2)

Risk-averse, risk-loving, insurance

12[オンライン/online]:Auction (2)

First-price auctions

13[オンライン/online]:Voting indices

Shapley-Shubik voting index, Banzhaf voting index

14[オンライン/online]:Summary

Summary

Work to be done outside of class (preparation, etc.)

Before and after each class, students are expected to spend approximately four hours to understand the class content.

Textbooks

N/A

References

To be announced

Grading criteria

Grades will be based on online exercises and assignments (approximately 50%) along with a final assignment (approximately 50%). The percentages are as of early February and may be subject to change. Also, the method of evaluation may be subject to change based on how Micro Economics A goes.

Changes following student comments

N/A

Equipment student needs to prepare

Students should have some familiarity with Hoppii.