Micro Economic Theory A (2005-6)
Ariel Rubinstein 

 

TAM V'KIMAAT NISHLAM!!

Grades were given. The distribution of points is here .

"Iruirim": you can get the points details from the TAs. Each question got a number in the specturm 0-10. no other comments were writtten on the notebooks. Anybody who feel that the grade is wrong, should approach first the TAs for explanations. I understand that there was a problem with the exams scanner, so.... please go through the exam next week and contact me via skype (arielrubinstein) on tue/wed/thu/fri in case u have a problem with the grade(and only after u talked with gabi or itai).

Corrections to the book's file are posted

Review questions for the first 10 topics are posted

 

Read

but be aware that some disagree. For example a colleague in TAU writes (in another context):

"....well, yes, Ariel can rejoice (perhaps with others as well), great victory indeed, the enemy (the School) is nearly annihilated, and thus the young souls of future students will be spared the
poisonous influence of economics (amply demonstrated in Ariel's scientific
research, no?) Hurrah!" (Professor Manuel Trajtenberg, Septmber 2005)

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Listen to 90 seconds section of a telephone interview with Thomas Schelling after the announcement of The 2005 Prize in Economics, October 10, 2005.  

(tesa 2004)

Read Avia Spivak's artilce (Dec 2005) and the interview with him in haaretz

Lecturer Ariel Rubinstein    (office hour-please call 640-9601 to coordinate)
Teaching Assistants The teaching assistants will hold two separate sessions where they will go through the problem sets.  You will be asked to attend one of the two classes. 

Gabi Gajer     (recommended for studnets with less math knowledge)

and

Itai Shurtz      (recommended for studnets with better math knowledge)

Problem Sets It is extremely important that you submit all problem sets even though it is not a mandatory requirement.
Administrative problems Anna Ayach 
Date
Class Mon 18:15-19:45,

Wed 08:30-10:00

 Economics 010

Economics 012

Targil (attend one of the two) Gabi: Wed 18-20 (for studnets with insufficient math background)

Itai:   Mon 9-11 (for studnets with better math background)

 Economics 001 

Economics 001

  Note the differences between the two KITOT TIRGUL. Gabi's group is recommended for studnets with less math knowledge and Itai's group is recommended for studnets with better math knowledge.

Books David Kreps:  A Course in Microeconomic Theory, Princeton University Press, 1990

Andreu Mas-Colell, Michael D. Whinston, Jerry R. Green:  Microeconomic Theory, Oxford University Press, 1995.

Course Material A student is required to hold an e-mail address .  All material for the course will be posted on the web (and will not be distributed in class).

Downloading lecture notes and problems sets requires a "user name" and a password which will be given to students in the class and should not be transferred to other students!!
Exam

10 Feb 2006 (09:00)

Review questions

TAU Princeton/NYU

exam solution grades
1994A ---  
1997/8 A solution grades
1997/8  B page 1 page 2  
1998/9 A solution grades
1998/9 B solution  
1999/00 A solution  
2002/3 A solution grades 
2002/3 B    
2003/4 solution grades 
2004/5 solution  
2005/6 solution grades 

Univ exam solution
Pr 1997 ---
Pr 1998 solution
Pr 1999 ---
Pr 2000 solution
Pr 2001 solution
Pr 2002 solution
NYU 2003  solution 
NYU 2004 solution
NYU 2005  solution  

Students list   Please update your e-mail address at  http://www.ims.tau.ac.il/tal/

For registration send an e-mail to listserv@post.tau.ac.il  with the line:  

subscribe ECO1011-4111-01 Real Name

Plan of the course  Videos of Lectures are available (Thanks to Ezra Cohen and Nataly Zitzer for arranging this service).

In most of the course (about 80%) we study models of rational economic agent.  In the rest of the course we will discuss the notion of competitive equilibrium.

# Date Topic Lecture Notes    Solution
      references    
1 31/10 Preferences L01   s01
2 2/11 Preferences      
3  7/11 Utility L02   s02
4  9/11 Utility      
5 14/11 Choice L03   s03
6 16/11 Criticism on Rationality      
7  21/11 Consumer's preferences L04       Changes04   s04
8 28/11 Classes of consumer's preferences      
9 30/11 Demand      
10 5/12 Rationalizing Demand L05   s05
11  7/12 more on Demand.      
12 12/12 Indirect Utility L06   s06
13 14/12 The dual problem   Turtle's Speed  
14 19/12 Supply L07   s07
15 21/12 Expected Utility       
16 26/12   L08   s08
17  28/12        
18  2/1 Risk aversion L09   s09
19 4/1        
20 9/1 Social Choice

L10

Reny's paper  (available from a univ. server)+

sketch of Reny's proof

  s10
21 11/1        
22 16/1        
23 18/1 The housing model B01   sb1
24 23/1        
25 25/1 Competitive equilibriumCore  B02   sb2
26 31/1        
27 2/2 Competitive equilibriumCore  B03 (we did not get to it)    

(a sticker in TAU)

Special tasks (not done in 2005/6)
Before Lecture Task Links
Lecture 1 Intransitivities: http://gametheory.tau.ac.il/exp11//
Lecture 2 The Shepard Scale

see http://en.wikipedia.org/wiki/Shepard_tone

and http://asa.aip.org/demo27.html   (make sure to listen to both   and   )

Lecture 4 --- set 1 of pre-class questions
Lecture 8 --- set 2 of pre-class questions
Fun   http://gametheory.tau.ac.il/student/poll.asp  ( your course number (for this site) is 451).