The Ohio State University
Econ 8712--Microeconomic Theory 1B
Professor James Peck
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Course Description and Learning Outcomes: The course covers decision making under uncertainty, partial equilibrium theory, and general equilibrium theory. The GE portion includes existence and welfare theorems, production, and uncertainty. We will cover insurance and securities markets with uncertainty but symmetric information. We will introduce asymmetric information in the Rothschild-Stiglitz competitive screening model and Akerlof lemons model. After
finishing this course, you will know how to set up and solve optimization
problems that involve uncertainty. You will have a solid understanding
of general equilibrium theory, which underpins much of advanced economics.
This will help you perform research that requires you to model perfectly
competitive behavior and solve for a competitive equilibrium, and it will
help you to read research in your fields that employ these
models. |
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Decision Making Under Uncertainty 1
Decision Making Under Uncertainty 2
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Previous Years' Econ 8712 and Econ 805 Exams (some of which contain questions on topics not covered in Econ 8712):
Final Exam Questions and Answers, Autumn 2024
Final Exam Questions and Answers, Autumn 2020
Midterm Exam Questions and Answers, Autumn 2020
Final Exam Questions and Answers, Autumn 2019
Midterm Exam Questions and Answers, Autumn 2019
Final Exam Questions and Answers, Autumn 2018
Midterm Exam Questions and Answers, Autumn 2018
Final Exam Questions and Answers, Autumn 2017
Midterm Exam Questions and Answers, Autumn 2017
Final Exam Questions and Answers, Autumn 2016
Midterm Exam Questions and Answers, Autumn 2016
Final Exam Questions and Answers, Autumn 2015
Midterm Questions and Answers, Autumn 2015
Final Exam Questions and Answers, Autumn 2014
Midterm Questions and Answers, Autumn 2014
Final Exam Questions and Answers, Autumn 2013
Midterm Questions and Answers, Autumn 2012
Final Exam Questions and Answers, Autumn 2012
Midterm Questions and Answers, Winter 2012
Final Exam Questions and Answers, Winter 2012
Midterm Questions and Answers, Winter 2011
Final Exam Questions and Answers, Winter
2011
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Midterm
Exam, Winter 2004 |
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Final
Exam Answers, Winter 2001 (Part 2) |
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Final
Exam Answers, Winter 2002 (Part 2) |
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Announcements: |