Content
The course consists of a sample of topics ranging from the theory of competitive markets, to industrial organization, welfare economics, information, and incentives and is divided into three parts. Part I covers individual decision making, the classical theory of consumer and producer behaviour. Part II deals with market equilibria, the fundamental theorems of welfare economics as well as market failure (monopoly, price discrimination, externalities, public goods). Part III deals with the theory of incentives and asymmetric information.