《Intermediate Microeconomics》课程实施方案（教学大纲）.docx

Intermediate Microeconomics 课程实施方案1. Course InformationCourse Name: Intermediate MicroeconomicsCourse Code: EC0803Course Credit: 4Course Hours: 51Pre-requisites Course: Principals of Economics, Calculus2. Course Team and Lecturer Information(1) Lecturer Information(2) Assistant Teacher Information3. Course MaterialsTextbooke.g, 1. Author Name, International Business, edition 4th, published by Tsinghua University, 2012(11). Varian, Hal R., Intermediate Microeconomics: A Modern Approach, edition 8th, published by W. W. Norton, 2009(12).1 .西方经济学编写组，马克思主义理论研究和建设工程重点教材：西方经济学(上册)， 高等教育出版社，人民出版社，2012.(1) Referencese.g, 1. Author Name, International Trade, edition 4th, published by China Machine Press, 2011(6)1. Pindyck, Robert S. & Daniel L. Rubinfeld, Microeconomics, 8th, published by Prentice Hall, 2008(3);Nicholson, Walter, & Christopher M. Snyder, Intermediate Microeconomics and ItsApplication, edition 11th, published by Cengage Learning, 2009(8);平新乔，微观经济学十八讲第1版，北京大学出版社，2001年4月。(3)Reading Materials(Literatures, Study Case, Data Set, etc.)Study Case.Edwin Mansfield, Applied Microeconomics, edition 1st, published by W W Norton & Co Inc, 1994(1)1 .Robert H. Frank, Microeconomics and Behavior; edition 8th, published by McGraw-Hill/Irwin, 2009Economic Essays:Data Setl.EBSCO(BSP,ASP) .CNKI 5.IdeologicalandPolitical Education: Maxist Theory of Welfare17Chapter 5-10 ExerciseClassReviewLecture5. AssessmentTest FormTest ContentTest MethodScoreFinal ExaminaTeaching ContentsClosed-book Exam50TestThree TestsOpen-book Exam20AssignmentHomeworkAll the assignments should be finished and submited on time; for each student, two of the assignments will be graded15ClassroomPerformanceAnswer the questions; Case Study and Discussion; Knowledge competitionAccording to Personal and Team Performance15(4)Course Resources(Center office of course: )4. Course Description(1) Course AbstractThis course aims to introduce basic concepts and tools needed to analyze economic problems in a variety of contexts. Students will study how various economic agents make their choices and decisions in a market environment, and the implications of those choices and decisions for the allocation of productive resources. Topics include the theory of the consumer, the theory of the firm, perfect competition, monopoly, oligopoly, externalities and public goods. At the same time, the course combines Xi Jinping's socialist economic thought with Chinese characteristics, digs into the excellent practices of China's economic and social development, guides students to dialectically think about the assumptions and viewpoints of Western economics. Upon completion of the course, students should be able to master microeconomic concepts and models, and learn how to apply them to new situations for analysis; on the other hand, they can understand Western economics in a dialectical manner.Ideological and Political Education in Class:1. Discuss: Defections in Utility TheoryUtility theory is not only an analytical method for the optimal choice of consumers, but also implies western values. The consumer behavior analysis of the cardinal utility theory implies that equalization of income will increase the level of social welfare. However; the capitalist market system itself is incompatible with income equalization, and thus is inconsistent with Western economics trying to argue that the capitalist market economy system can spontaneously reach social optimality. This is also an important motivation for Western economics to modify the cardinal utility theory. Whether it is objective utility value theory or subjective utility theory using marginal analysis the value of goods is attributed to utility, that is, the using value of goods. Only the former emphasizes the objective attribute of using value, while the latter emphasizes the psychological measure of using value. Because of the objective attribute of negative value, it emphasizes the decisive role of subjective judgment on the value of goods, and separates value formation and decision from labor, so that it is impossible to scientifically explain the meaning of value and the source of value. On the contrary, Marx's labor theory of value, by distinguishing the duality of labor, attributes the core of value to the general human labor, thus scientifically clarifying the source of value.2. Discuss: Profit Maximization Theory Covers the Exploitation of CapitalWestern economics recognizes that enterprise production pursues profit maximization, but does not recognize the law of surplus value, and does not recognize exploitation. The production process discussed in Western economics is "production in general" and is the technological choice process for the production of the largest output of resources. This obviously removes the influence of the socialist system and cannot explain the historical limitations of the capitalist system. Here, labor is seen as a production factor that is completely similar to capital and other natural resources, completely ignoring the difference between labor and workers. As a special commodity, labor is the use of workers, and workers can create value. Western economics does not distinguish between labor and workers, ignoring the specific economic relations formed by factor owners in the production process, so it is impossible to scientifically define the source and nature of profits. Since there is no economic relationship involved in the production process and there is no social property related to labor and capital, as with wages, normal profits are included in the production costs of the enterprise. As a result, there is no essential difference between the income that capital receives from ownership and the wages of workers, which serves to mask the nature of exploitation.3. Discuss: Defections in Perfect Competition TheoryIn Western economics, perfect competition is not only a theoretical hypothesis for theconvenience of analysis, but also an ideal state of society and a goal that should be pursued. Western economists generally believe that many problems in the real world, such as inefficiency and unfair distribution, are mainly due to the incompleteness of the market. Therefore, the solutions they propose to solve problems are mainly to promote and improve the competition as policy suggestion. In analyzing the perfect competition assumption and the complete competition theory established on this basis, the following three points must be noted: First, the perfect competition assumption is not a reflection of the reality of capitalism. In the real capitalist economy, markets and firms that meet the assumption of perfect competition do not exist. Second, a fully competitive policy cannot solve the problems that arise in the real capitalist economy, such as polarization and economic crisis. The root of these problems lies in the private possession system and exploitation system of capitalism, not the incompleteness of competition.Third, perfect competition is not an ideal model for a socialist market economy. Under the conditions of the existence of the socialist public ownership economy, due to the limitations of perfect competition itself, such as the inability to effectively promote technological progress, the inability to provide adequate public goods, and the inability to overcome polarization and economic crisis, we cannot take the road of laissez faire.4. Monopoly is an Important Stage in the Development of CapitalismIn Western economics, monopoly is only seen as a special type of market or market structure, and is often attributed to the so-called "product differences," which is quite superficial. They did not realize that monopoly is the product of the concentrated development of production to a certain stage; monopoly instead of competition is an important stage of capitalist development.(2) Course ObjectiveAfter completing the course, students should be able to: master the theoretical framework for the analysis of the behavior of consumption and production; describe the functions of markets and their limitations in the allocation of economic resources; apply economic theories in the management of firms; and apply economic theories to evaluate the effectiveness of government policies. Dialectical thinking on the analytical methods and viewpoints of Western economics.(3) Course ContentNo.TopicKnowledgeHours (Teaching hours)1Introduction1 .Microeconomics Defined2 .Economic Model3 .The Mathematics of Optimization4 .Dialectical Thinking on Western Economics by Using Marxist Views and Methods32Price1.Supply and Demand2 .Market Mechanism3 .Equilibrium4 .Pareto Efficiency5 .Elasticity33Preference and Utility1.Consumer Preferences2.Utility33.Indifference Curves4 .The Marginal Rate of Substitution5 .Marginal Utility6 .Defections in Utility Theory4Consumers' Choice1.Budget Constraint2.Utility Maximization3.Income Offer Curve and Engel Curve4.Price Offer Curve and Demand Curve5.Slutsky Equation6.Income Effect and Substitution Effect65Production1 .Production Function2 .Isoquants3 .Marginal Product4 .The Technical Rate of Substitution5 .Elasticity of Substitution6 .Returns to scale7 .Profit maximization8 .Profit maximization Theory Covers the Exploitation of Capital36Costl.Cost Minimization2 .Cost Function3 .Long-run Cost4 .Short-run Cost5 .Fixed Cost6 .Variable Cost7 .The Family of Cost Curves37Perfectly Competitive Market1.1 erfect Competition1.5 hort Run Supply Curve for the Firm1.6 hort Run Market Supply Curve4 .Long Run Supply Curve for the Firm5 .Long Run Perfectly Competitive Equilibrium6 .Defections in Perfect Competition Theory68Monopoly1 .The Causes of Monopoly2 .Profit Maximization Condition3.Inefficiency and Defections of Monopoly4.Price Discrimination39Oligopoly1.Oligopoly Market 2.Stackelberg Model 3.Cournot Model 4.Bertrand Model 5.Game Theory6.Nash Equilibrium610Welfare Economics1 .Consumer Surplus2 .Producer Surplus3 .CompensatingVariationandEquivalent Variation4 .Edgeworth Box35 .Pareto Improvement6 .The first theorem of welfare economics7 .The second theorem of welfare economics8 .Marxist theory of social welfare(4)Course Requirement1 .Read the recommended readings after class.2 .There are 8 assignments and 3 tests during the semester.3 .Each student is required to join a discussion group which consisting of 4 or 5 students.(5)Lecture ScheduleCours eTeaching contentTeaching modeHome work/TestReferences1Chapter 1 Introduction 1. Course Introduction 2. Economic Models 3. The Mathematics ofOptimization4. Ideological and Political Education:Dialectical Thinkingon WesternEconomics by Using MarxistViews andMethodsLecture一Nicholson, chapter 1&2.2Chapter 2 Price1. Market Mechanism1.1 Supply and Demand1.2 Market Equilibrium1.3 Changes ofEquilibrium2. Market Efficiency2.1 Outcomes of Different Market2.2 Pareto Efficiency3. Elasticity3.1 Definition of Elasticity3.2 Price Elasticity of DemandLecture 、ClassroomExerciseCase Study ： Apartment Marketl.Varian, Chapter 1&152.Pindyck, Chapter 23Chapter 3 Preference and Utility1 .Consumer Preference1.1 BehavioralPostulate1.2 DefinitionofPreference1.3 AxiomsofConsumer PreferenceLecture 、 Presentation and DiscussionAssignment 1l.Varian, Chapter 32.Pindyck, Chapter 3(Section 1)2.Utility2.1 Definition2.2 Ordinal Utility and Cardinal Utility2.3 Defections in Utility Theory2.4 Indifference Curve2.5 Utility Function2.6 Marginal Utility3. Marginal Rate of Substitution3.1 Definition3.2 Diminishing MRS3.3 MU vs MRS4Chapter 4 Consumer Choice1.Budget Constraints1.1 ConsumptionBundles and Budget Line1.2 Changes of Budget Constraint1.3 Case Study： Food Stamp2. Consumer Choice2.1 Optimization2.2 EconomicExplanationofConsumers'OptimalChoice2.3 Ideological and Political Analysis: A Comparative Analysis of Utility Value Theory and Marx's Labor Value TheoryLecture 、Student Presentation and DiscussionAssignment IIl.Varian, Chapter2,5,6&82.Pindyck, Chapter 3&45Chapter 4 Consumer Choice3.Demand3.1 Income Changes3.2 Price Changes3.3 Substitution Effect and Income EffectChapter 1-4 Exercise ClassLecture 、ClassroomExercise 、Group DiscussionAssignment IIIl.Varian, Chapter2,5,6&82.Pindyck, Chapter 3&46Test 1Open-bookExamTest 1l.Varian, Chapter 1-82.Pindyck, Chapter 1-47Chapter 5 Production1. Production Function2. Inputs and Outputs2.1 Isoquants2.2 Marginal Product2.3 Technical Rate of Substitution2.4 日 asticity of Substitution3. Returns to Scale4. Profit Maximization4.1 Economic Profit4.2 Long Run and Short Run4.3 Long-RunProfit-Maximization4.4 Short-RunProfit-Maximization4.5 Profit-Maximization and Returns to Scale5.IdeologicalandPoliticalEducation:Coverage of capital exploitation with profit maximizationLecture 、Student Presentation and DiscussionCase Study:Food Crisis ；Assignment IVl.Varian, Chapter 18&192.Pindyck, Chapter 68Chapter 6 Cost1. Cost Minimization1.1 Cost-Minimizing Conditions1.2 Derivative Demand1.3 Expansion Path2. Total Cost2.1 Definition2.2 Long-Run Total Cost and Short-Run Total Cost2.3 Fixed Cost and Variable Cost3. Average Cost3.1 Definition3.2 Average Cost and Economies of Scale4. Marginal Cost4.1 Definition4.2 Relationshipbetween Marginal Cost and Average Cost5. Relationshipbetween Short-Run and Long-Run CostsLecture 、Student Presentation and DiscussionCase Study: The Benefits and Costs of a University Degree；Assignment Vl.Varian, Chapter 20&212.Pindyck, Chapter 79Test IIOpen bookTest II1.Varian,examChapter 18-212.Pindyck,Chapter 6-710Chapter 7 PerfectlyCompetitive Market1 . Perfect Competition Defined2 .Profit Maximization2.1 Economic Profit2.2 TheProfitMaximization Condition3.Short Run Supply3.1 Short Run SupplyCurve for the FirmLecture 、ClassroomExercisel.Varian, Chapter 22&232.Pindyck, Chapter 811Chapter 7 Perfectly Competitive Market1.2 Short Run Market Supply Curve1.3 Short Run Perfectly Competitive Equilibrium4. Long Run Supply4.1 Long Run Supply Curve for the Firm4.2 Long Run Perfectly Competitive Equilibrium5. Fixed Inputs and Economic Rent6.IdeologicalandPoliticalEducation:Defections in Perfect Competition TheoryLecture 、Student Presentation and DiscussionAssignment VIl.Varian, Chapter 22&232.Pindyck, Chapter 812Chapter 8 Monopoly 1.DefinitionofMonopoly2.TheMono