SF Intermediate Economics
COURSE DESCRIPTION This module is designed to provide a general introduction to, and survey of, microeconomic theory. The material for this course is built around the study of economic agents (e.g. consumers, producers, factor-owners) maximising objectives (e.g. utility, profits, rent) in an environment of economic constraints (e.g. income, costs, time). Students are very strongly advised to review their JF notes on microeconomics (check my web-site if necessary) ahead of each relevant topic. They are also reminded to review their JF mathematics notes as familiarity with material from this course is assumed throughout. SUGGESTED TEXTBOOKS Most intermediate microeconomics textbooks cover the material adequately. I am adopting the approach used by Dr O'Toole in previous years and will tend to follow closely the two textbooks listed here: Laidler D. & S.Estrin, Introduction to Microeconomics, Simon & Schuster, 4th edition, 1995. (Feel free to use earlier editions – chapter references may be slightly different.) Varian,H. Intermediate Microeconomics: A Modern Approach, Norton, 5th edition, 1999. (Feel free to use earlier editions – chapter references may be slightly different.) LECTURE MATERIAL Lectures will occasionally include topics not covered by all of the above books. Basic lecture notes can be downloaded from www.tcd.ie/Economics/staff/frances.ruane.htm. It will be assumed that students have downloaded the basic lecture notes prior to lectures and the lectures will proceed on that basis. The web notes are not a substitute for attendance at lectures. CLASS PROGRAMME Students must attend their assigned weekly class. A list of microeconomic questions relating to these classes is attached. The Teaching Assistants for the course – Colette Ding and Liam Delaney - will use these questions as the basis for the weekly class discussion. Students should attempt these questions before classes, as classes will be interactive. You will be advised at each class specifically what to prepare. These questions should be taken as indicative of the type of question that you will be asked to address in the Hilary Term test and the final examination, but should not be interpreted as forming the set from which examination questions are chosen. Classes will start in Week 3 of the Hilary Term, and a specific problem set is set out below, which should be submitted in advance of the class. ASSESSMENTS There is a two-hour examination at the end of Hilary Term. It takes place in the week after lectures for the term end. This examination will determine 20 per cent of your final grade in Intermediate Economics. In the final (three-hour) examination for Intermediate Economics you must answer two (from four) microeconomic questions. OFFICE HOURS Professor Ruane's office hours for students, held in Room 3009, are as follows: Monday 12.00 - 13.00 and Thursday 11.00-12.00. From time to time an individual session of office hours may have to be rescheduled but students will be advised if this occurs. Additional reading material will be advised during the year.	View Lecture Presentations Lecture 1 Lecture 2 Lecture 3 Lecture 4 Lecture 5 Lecture 6 Lecture 7 Lecture 8 Lecture 9 Lecture 10 Lecture 11 Lecture 12 Lecture 13 Lecture 14 Lecture 15 Lecture 16 Lecture 17 Lecture 18 Lecture 19 Class Programme
frances.ruane@tcd.ie

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