Ariel Rubinstein

Microeconomic Theory I (Fall 2004)

Introduction to Models of Rational Choice

20 hours before the exam 16 hours before the exam The exam and a solution (composed by Anna and Ariel) is posted. The grades distrobution: A/A- B+ B B- C- 6 9 10 2 6

September 2003 Su M Tu W Th F Sa 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 October 2003 Su M Tu W Th F Sa 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 red=classess    green=labs   yellow=exam

Lecturer	Ariel Rubinstein     office: 806B  tel: 212-992-9772
TA	Anna Ingster           office:  326   tel:  212-998-8177
Date	Class Tue 9:30-11:30 Thu 9:30-11:30 Stern building, room 3-90 Lab Wed 3:30-5:30 Silver Room 809
Recommended Books	David Kreps:  A Course in Microeconmic Theory, Princeton University Press, 1990. Andreu Mas-Colell, Michael D. Whinston, Jerry R. Green:  Microeconomic Theory, Oxford University Press, 1995.
Course Material	All material for the course will be posted on the web (and will not be distributed in class). Downloading lecture notes 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	The exam on this part of the course will take place on Oct 21st  09:00-12:00. Previous Exams exam solution Princeton 1997 --- Princeton 1998 solution Princeton 1999 --- Princeton 2000 solution Princeton 2001 solution Princeton 2002 solution NYU 2003  solution   NYU 2004  solution

Plan of the course

The following is the list of 10 topics covered in the course.  The material will spread into the 13 lectures as we progress.

#	Date	Topic	Lecture Notes	Solution
0	9/7	Introduction	Preface
1	9/7	Preferences	L01	S01
2	9/9	Preferences/Utility	L02	S02
3	9/14	Utility
4	9/16	Choice	L03	S03-part1 +S03-part2
5	9/21	Choice
6	9/23	Consumer's preferences	L04	S04
7	9/28	Demand	L05	S05
8	9/30	Demand
9	10/5	Indirect Utility	L06	S06
10	10/6	Supply	L07	S07
11	10/12	Expected Utility	L08	S08
12	10/14	Risk aversion	L09	S09
13	10/19	"Economic doctrine"
14	10/21	Exam

Special tasks

Before Lecture	Task	Links
Lecture 1	Intransitivities:	http://gametheory.tau.ac.il/exp11/
Lecture 2	The Shepard Scale	http://www.sandlotscience.com/Ambiguous/ShpTones1.htm   and http://asa.aip.org/demo27.html   (make sure to listen to both   and   )
Lecture 4	---	set 1 of pre-class questions  http://gametheory.tau.ac.il/student/poll.asp    your course number (for this site) is 430.
Lecture 8	---	set 2of pre-class questions