Instructor: dr Mikołaj Klimczak

Objectives:

The course addresses the contemporary topics in Microeconomics. The main objective is to present basic issues and problems that can be addressed by modern Microeconomics science. An overview of theories and branches of Microeconomics and their application to various problems will be presented during the course. It will be especially stressed their cross-science relevance.

Course organization and administration

The course is organized in one, 10-hours- session. The session will combine the lecture with class discussion. It will be supplemented by an overview of economic experiments.

Required texts/readings

  1. R.G. Lipsey et al.: Economics. Harper & Row 1990
  2. H. R. Varian: Intermediate Microeconomics. A Modern Approach. WW Norton & Company 2005.
  3. O.E. Williamson: A Comparison of Alternative Approaches to Economic Organisation. JITE 1990
  4. Francis M. Bator: The Anatomy of Market Failure. The Quarterly Journal of Economics 72(3)
  5. William Niskanen: Bureaucracy and Representative Government, Aldine, Atherton 1971

Supplementary readings will be used.

Course Requirements and Evaluation:

  1. Adequate preparation for, attendance and participation in the session.
  2. Final exam

Course schedule (10 hours)

Lecture 1

Duration: 3 hours,
Literature/readings: (3)

Lecture 2

Duration: 2 hours
Literature/readings: (4), (5)

Lecture 3

Duration: 4 hours
Literature/readings: (1), (4)

Lecture 4

Duration: 1 hours

Total: 10 hours

© 2014 Wrocław University of Economics
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