Y1 - Microeconomics

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Lectures

Week 3

Erasmus Universiteit · Int. Economics and Business Economics

Y1 - Microeconomics

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Lecture 7: Choice under uncertainty.
Probability theory:
Economics of information:
Akerlof's market for lemons:
Modelling decisions under uncertainty:
Lecture 8: Choice under uncertainty P2.
Certainty equivalent:
Insurers and advisors:
Other concepts regarding risk:
Search theory:
Discrimination:
Lecture 9: Production and Costs
The production function:
Total marginal and average product:
Long run:
Returns to scale:
Production costs:
Long run:

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