14.121 MICROECONOMIC THEORY I

FALL 1996 

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Who?

• Professor: Susan Athey, E52-251B, x3-6407, Office hours: Tues 4-5:30pm

TA: Charles Morcom, E52-243C, x3-8712, chasm@mit.edu
• Administrative Assistant: Michael Kreutz, Cubicle in E52-251/252.

• Lecture: MW1-2:30, E51-151
• Recitation: F1-2:30, E51-151
• Exam: Friday, October 25, 1-3 p.m.

• Syllabus
• Reading List
• Reading assignments (updated weekly)

• Announcements

Hard copy of the solutions to the waiver exam (handwritten) are available and will be distributed during section.

• Old Announcements
Waiver exam; Permission to register ; Textbook availability; The onerous algebra of Problem 4.

Week 1: No problem set due. Study assigned math and any readings or problems from "Math for Economists" course.

Problem Set due 9/16. Do problems 1-4b from Problem Set I handout (one.ps) (problem 1 is a summary of the problems in Frank's notes).

Problem Set due 9/23. Do problems 4 and 5 (Hints for problem 5) from last week's problem set (I); plus all of the exercises in the consumer theory handout: consth.ps.

Solutions to Problem Set I handout (sol1.ps).
Problem Set due 10/7. Do both problems on Problem Set II handout (two.ps).
Solutions to this: sol2.ps.
Problem Set due 10/16. Do the problems on the handout three.ps. Also do the following monotone comparative statics problems: mcsprob.ps.
Solutions to these: sol3.ps and cstatsol.ps.
Problem Set due 10/21: four.ps. If you don't finish in time, don't worry, but we want to hand out solutions in time for you to study them. This problem set should not be too time-consuming (I hope!).
Solutions to this: sol4.ps.

Week 2: Frank Fisher's notes on existence of a utility function (distributed in class; see Michael Kreutz for extra copies).

Week 3: Consumer theory handout: consth.ps.

Week 5: Handout on monotone comparative statics and producer theory: mcs.ps. The monograph is available from Michael Kreutz.

Comparative Statics Notes: Correction: correct.ps. Cheat sheet/summary: cheatmcs.ps.

Old waiver exam: waiver.ps.

Final Exam: Exam_Fall_1996.PDF.

Printing Postscript Files

• Instructions for printing postscript files from Athena for 14.121.
• Note: You can download the helper application Ghostscript to view the postscript files on-line.

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