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Economics 200B --- Part 1, Microeconomic Theory: General Equilibrium Theory and Welfare Economics
This page last revised February 15, 2017
INSTRUCTOR: Professor Ross Starr OFFICE HOURS: Come on in and chat anytime you see Ross around. Office hours: Tuesdays & Thursdays, 2:00 to 3:00. Teaching Assistant: Kaitlyn Lewis, kelewis@ucsd.edu , Office hours Thursdays, Noon to 2:00, room 117 Econ.
COURSE SCHEDULE: Mondays and Wednesdays, Noon to 1:50, 200 Economics , Ross's lectures will take place first five weeks of the quarter. There will be a class meeting on Monday, January 16. A midterm exam is scheduled for Friday, February 10, 1:00 to 3:00, Room 300 Economics. DISCUSSION SECTIONS: Tuesdays, 11 AM to Noon, 200 Economics.
Syllabus, prepared December 23, 2016. Subject to change. Corrigendum to Starr's General Equilibrium Theory
Lecture Notes Lecture notes are keyed to syllabus sections. They are in order of presentation in lecture. You will probably find it useful to have them available during lectures to facilitate comprehension and note-taking. Lecture Notes for Syllabus Section I The Robinson Crusoe Model & Edgeworth Box (Lecture of January 9) Lecture Notes for Syllabus Section IIAArrow-Debreu Model; Existence of General Equilibrium in a Simple Model (Lecture of January 9) Lecture Notes for Syllabus Section IIB Refresher: Mathematics of Correspondences (Lecture of January 11) Lecture Notes for Syllabus Section IICFirms and Attainable Production (Lecture of January 16) Lecture Notes for Syllabus Section IID Households (Lecture of January 18) Lecture Notes Syllabus for Section IIE, IIFMarket Economy & Walras's Law; Existence of General Equilibrium (Lecture of January 18, 23) Lecture Notes for Syllabus Section III Efficiency of Competitive Equilibrium; Fundamental Theorems of Welfare Economics (Lecture of January 25) Lecture Notes for Syllabus Section IV Core of a Market Economy (Lecture of January 30 and February 1) Lecture Notes for Syllabus Section V Social Welfare Functions and Social Choice Theory (Lecture of February 6) Lecture Notes for Syllabus Section VI Time and Uncertainty; Futures Markets (Lecture of February 8) Lecture Notes for Syllabus Section VII A Quasi-Linear Model; Externalities and Public Goods (Lecture of February 8)
Problem Sets There will be weekly problem sets required. It's OK to work with classmates on problem sets.
Problem Set 1Due Monday, January 16 Problem Set 2Due Monday, January 23 Problem Set 2 Suggested Answers Problem Set 3Due Monday, January 30
Problem Set 3 Suggested Answers Problem Set 4Due Monday, February 6 Problem Set 4 Suggested Answers Problem Set 5Practice only. Do not submit
Problem Set 5 Suggested Answers Exams
2017 Midterm with Suggested Answers
Marking 2017: Possible 80, Max=75, Min=43, Median=66.
Approximate Grading Scale:
75: A+; 66 to 74: A; 55 to 65: A-; 45 to 54: B+; 44 and less: B.
Final Examination 2015 with Suggested Answers
Final Examination 2014 with Suggested Answers
Marking 2015: 60 points possible; mean: 50.6;
standard deviation: 5;
minimum: 40; 25th percentile:47.5;
median: 51;
75th percentile: 53;
max: 60
Approximate grade distribution: 60: A+;
53 to 59: A;
49 to 52: A-;
40 to 48: B+
Winter 2015 Econ 200B part 1 Webpage including past exams. Answers to problem sets are omitted. 2014 podcasts are no longer on the web. |
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