This course is an accelerated alternative to Microeconomics 33001, intended for students with some prior exposure to economics or simply the ambition to engage more intensely with the tools of economics in the spirit of Chicago price theory. We will cover the core topics of Microeconomics 33001 at a faster pace, with deeper exploration of the concepts and their applications to important real-world problems. The core topics include consumer behavior, supply and demand, production and pricing, and choice under uncertainty. Given the faster pace, we will have time to apply these tools to additional topics not typically covered in Microeconomics 33001, including labor markets, compensating differentials, discrimination, inequality, redistribution, education, signaling, human capital, and intergenerational mobility.
Students should be comfortable with algebra and basic calculus.
Textbook readings and lecture notes.
Based on take-home problem sets, short in-class quizzes, a midterm exam, and a final exam.
- Allow Provisional Grades (For joint degree and non-Booth students only)
Description and/or course criteria last updated: September 27 2023
