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Advanced Microeconomics A21/22
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Syllabus
15PECH021 - MSc Advanced Microeconomics - 2021-2022 Syllabus
Announcements
Problem Sets, Exam, and Deadlines
15PECH021 - MSc Advanced Micro - Problem Set 1
15PECH021 - MSc Advanced Micro - Problem Set 2
15PECH021 - MSc Advanced Micro - Problem Set 3
15PECH021 Advanced Microeconomics Take-Home Exam - [29april2022]
Problem Set 1, weight 20%, due 21 March 2022
Problem Set 2, weight 20%, due 25 March 2022
Problem Set 3, weight 20%, due 25 March 2022
Take-home exam, weight 40%, due 29 April 2022
AS4 - 15th August 2022 Take Home Exam Resubmission
15PECH021 - MSc Advanced Micro - Problem Set 1 - [answer key]
15PECH021 - MSc Advanced Micro - Problem Set 2 - [answer key]
Readings
Link to main PDF files
Bowles (2012) - Warriors Levelers and the Role of Conflict in Human Evolution
Bowles and Choi (2012) - The Holocene revolution The co-evolution of private property and farming
Bowles Naidu Hwang (2012) - Institutional Persistence and Change - An Evolutionary Approach
Broome (1983) - The Microeconomics of Capitalism
Choi and Bowles (2007) - Parochial Altruism and War
Gopalakrishnan et al (2016) - Early warning signals for critical transitions
Hayek (1948) - Individualism and Economic Order
Hofig (2019) - Debt in the World of Value - PhD Thesis
Kirman (1992) - Whom or What Does the Representative Individual Represent
Rizvi (2006) - The Sonnenschein-Mantel-Debreu Results after Thirty Years
Rogers (2018) - The new macroeconomics has no clothes
Rogers (2018) - Conceptual Flaw in the Microeconomic Foundations of Dynamic Stochastic General Equilibrium Models
Scharfenaker and Foley (2017) - Quantal Response Statistical Equilibrium in Economic Interactions
Scharfenaker and Semieniuk (2016) - A Statistical Equilibrium Approach to the Distribution of Profit Rates
Sen (1979) - Personal Utilities and Public Judgements Or Whats Wrong With Welfare Economics
Week 1 - Introduction, PE vs Economics, Microfoundations, Macro vs Micro, Arrow, Coase, Goedel
MSc Advanced Micro - Week 1 - Lecture - What is Economics
MSc Advanced Micro - Week 1 - Lecture - Micro Macro Microfoundations Arrow Coase
MSc Advanced Micro - Week 1 - Lecture - Godels Incompleteness Theorems
MSc Advanced Micro - Week 1 - Questions for Discussion
James Galbraith - What's Left of Cambridge Economics?
Week 2 - Effective Demand at the Micro level, Say's Laws, Walra's Law, The Micro-Foundations of Marx, Keynes, and Kalecki
MSc Advanced Micro - Week 2 - Lecture - Why Does the Economy Grow or Shrink
MSc Advanced Micro - Week 2 - Lecture - Effective Demand Say Walras Marx Keynes Kalecki
MSc Advanced Micro - Week 2 - Lecture - The Miro-Foundations of Marx Keynes Kalecki
MSc Advanced Micro - Week 2 - Questions for Discussion
SOAS Advanced Micro - Week 2 - Video tutorial - Part 1
SOAS Advanced Micro - Week 2 - Video tutorial - Part 2
Week 3 - Utility, Production, Institutions, and Maths for Micro
MSc Advanced Micro - Week 3 - Lecture - Utility Functions (review)
MSc Advanced Micro - Week 3 - Lecture - Production Functions (review)
MSc Advanced Micro - Week 3 - Lecture - Notes on Perfect Competition and Pareto Efficiency
MSc Advanced Micro - Week 3 - Lecture - Edgeworth Box Power and Other-Regarding Preferences
MSc Advanced Micro - Week 3 - Calculus Handout 1
MSc Advanced Micro - Week 3 - Calculus Handout 2
MSc Advanced Micro - Week 3 - From utility maximization to demand curves
Scheinerman (2000) - Invitation to Dynamical Systems
The logistic function and complexity theory [Youtube video]
Strange attractors and chaos [Youtube video]
The Lorenz attractor [Youtube video]
Week 4 - Competition, The Sonnenshein-Mantel-Debreu (SMD) Theorem, Hayek, Solow, Coordination, and Externalities
MSc Advanced Micro - Week 4 - Lecture - Notes on Competition
MSc Advanced Micro - Week 4 - Lecture - Logical Flaws of Perfect Competition - SMD Theorem
MSc Advanced Micro - Week 4 - Lecture - Coordination and Externalities
Becker (1962) - Irrational Behavior and Economic Theory
Week 5 - Evolutionary Game Theory and the Replicator Dynamics
MSc Advanced Micro - Week 5 - Lecture - Basics of Imperfect competition (review)
MSc Advanced Micro - Week 5 - Lecture - Introduction to Game Theory (review)
MSc Advanced Micro - Week 5 - Evolutionary Game Theory and the Replicator Dynamic - Handout 1
MSc Advanced Micro - Week 5 - Evolutionary Game Theory and the Replicator Dynamic - Handout 2
MSc Advanced Micro - Week 5 - Evolutionary Game Theory and the Replicator Dynamic - Handout 3
MSc Advanced Micro - Week 5 - Evolutionary Game Theory and the Replicator Dynamic - Handout 4
MSc Advanced Micro - Week 5 - Phase Diagram of Differential Equations in R
SOAS Advanced Micro - Week 5 - Video tutorial - Phase diagrams in R
MSc Advanced Micro - Week 5 - Handout on Coordination and Externalities
MSc Advanced Micro - Week 5 - Lecture recording
Week 6 - Evolutionary Game Theory and Political Economy
Rotta (2021) - Effective Demand and Prices of Production: An Evolutionary Approach
Gomez-Ramirez (2014) - On Theories of a Democratic Planned Economy and the Coevolution of Pro-democratic Planning Preferences
de Souza and Gómez-Ramirez (2021) - Industrialization and skill acquisition in an evolutionary model of coordination failures
Week 7 - A Cooperative Species? Selfishness, Parochial Altruism, Multi-level Selection
MSc Advanced Micro - Week 7 - Lecture - Group-level Selection
MSc Advanced Micro - Week 7 - A Cooperative Species - Handout 1
MSc Advanced Micro - Week 7 - A Cooperative Species - Handout 2 - Price Equation
Week 8 - Income Distribution and its Micro Determinants
MSc Advanced Micro - Week 8 - Lecture (Part 1) - Income Distribution
MSc Advanced Micro - Week 8 - Lecture (Part 2 ) - Income Distribution
MSc Advanced Micro - Week 8 - Income Distribution - Handout
Kevin Murphy on Human Capital - University of Chicago
Technology and the Workforce (Intro + Panel 1 + Panel 2)
Murphy and Topel (2016) - Human Capital Investment Inequality and Economic Growth
Autor et al (2017) - Concentrating on the Fall of the Labor Share
Autor and Salomons (2019) - Is Automation Labor Share–Displacing - Productivity Growth Employment and the Labor Share
Autor et al (2019) - The Fall of the Labor Share and the Rise of Superstar Firms
Branko Milanovic - What is the just pay? Capitalists, John Roemer and the Cultural Revolution
Week 9 - Money in Micro, and the Microfoundations of Money; The Zero Marginal Cost Economy
MSc Advanced Micro - Week 9 - Lecture - Money in Microeconomics
MSc Advanced Micro - Week 9 - Lecture - Zero Marginal Cost Economy
Kumhof Slides
Rogers (2018) - The new macroeconomics has no clothes
Rogers (2018) - Conceptual Flaw in the Microeconomic Foundations of Dynamic Stochastic General Equilibrium Models
Hofig (2019) - Debt in the World of Value - PhD Thesis
Marron Macro - The Genesis of “Ledger Money” and the Modern Financial System
Week 10 - Labour Market and Labour Discipline Models, Incomplete Contracts, Unemployment
MSc Advanced Micro - Week 10 - Lecture - Labour Market Models (part 1)
MSc Advanced Micro - Week 10 - Lecture - Labour Market Models (part 2)
Exam Revision
Advanced Microeconomics - Exam Preparation
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Course information
15PECH021-A21/22 Advanced Microeconomics A21/22
Page type
:
Module
Study year
:
2021/22
Skill Level
:
Beginner
