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Economics 200B --- Part 1, Microeconomic Theory: General Equilibrium Theory and Welfare Economics
This page last revised February 19, 2014
INSTRUCTOR: Professor Ross Starr OFFICE HOURS: Come on in and chat anytime you see Ross around. Office hours: Monday and Wednesday, 2:10 to 3:10. Teaching Assistant: Isla Globus-Harris, iglobush@ucsd.edu . Office hours, Fridays, 1:00 - 3:00, Sequoyah 238. COURSE SCHEDULE: Mondays and Wednesdays, 11:00 - 12:50 , Room 300 Economics. Ross's lectures will take place on January 6, 8, 13, 15, 22, 27, 29, February 3, 5.
Syllabus, prepared December 7, 2013 Reserve Materials password for electronic reserves is rs200b Corrigendum to Starr's General Equilibrium Theory
Lecture Notes Lecture notes should be on the web prior to each lecture. You will probably find it useful to have them available during the lecture to facilitate comprehension and note-taking.
Problem Sets There will be weekly problem sets required. It's OK to work with classmates on problem sets. Problem Set 1: An Edgeworth Box Problem, General Equilibrium Theory: An Introduction, 2nd edition, Problems 2.9, 3.4, 3.5, 4.10, 5.1, due TBA Suggested Answers for Problem Set 1 Problem Set 2: General Equilibrium Theory: An Introduction, 2 nd edition: Problems 11.4, 11.6, 12.3, 12.8. Household i’s income is taken to be p·r^i . Suggested Answers for Problem Set 2 Problem Set 3, due January 29: General Equilibrium Theory: An Introduction, 2 nd edition: Problems 16.1, 18.2, 18.6, 18.7, 18.9, 18.22. Suggested Answers for Problem Set 3 Problem Set 4, due February 5, General Equilibrium Theory: An Introduction, 2 nd edition: Problems 19.15, 19.16, 21.1, 22.1, 22.2 Suggested Answers for Problem Set 4 Problem Set 5, due February 10, General Equilibrium Theory: An Introduction, 2 nd edition: Problems 20.1, 20.3, 20.4, 20.10, 20.12 Suggested Answers for Problem Set 5 Podcasts Podcast recordings of selected lectures are available at Podcasts Exams Isla will lead a review session Wednesday, February 12, from 4pm-5pm in Econ 200. She will be available for extra office hours immediately after the review session. There will be a final examination for the five week segment January 6 to February 5. It will take place as an in-class exam in room 300, Friday, February 14, 1:00 - 3:00. The exam is open-book, open notes, for hard-copy only. No calculators, cell phones, laptops, Ipads, or other electronic devices are permitted (except medically necessary devices). The exam from Fall 2012 Econ 200A part 2 is respresentative of the style of examination. Final Examination with Suggested Answers Marking: 60 points possible; mean: 50.6; standard deviation: 5; minimum: 40; 25th percentile:47.5; median: 51; 75th percentile: 53; max: 60 Approximate planned grade distribution: 60: A+; 53 to 59: A; 49 to 52: A-; 40 to 48: B+ Sample Examination from 2010 with answers Sample Examination from 2011 with answers Fall 2012 Econ 200A Webpage including past exams. Answers to problem sets are omitted.
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