Semester Courses/Delhi University BA (Hons) Economics/ECON010
ECON010DU · Semester 4
Intermediate Microeconomics II
DU Semester 4 — Monopoly, general equilibrium, welfare economics, externalities, and public goods.
Course Syllabus
- Monopoly pricing
- Inefficiency under monopoly
- Price discrimination
- Regulation of monopoly
- Exchange economy
- Robinson Crusoe economy
- Pareto optimality
- Welfare theorems
- Welfare and social choice
- Firms with differentiated products and mark-up pricing
- Short-run and long-run equilibrium
- Market inefficiency under externalities — Pigou tax and Coase theorem
- Market creation and other solutions to externalities
- Optimal public good provision
- Free rider problem
Reference Books
- Snyder, C., & Nicholson, W. Microeconomic Theory: Basic Principles and Extensions.
- Mas-Colell, A., Whinston, M. D., & Green, J. R. Microeconomic Theory. Oxford University Press.
Who Will Teach You
S
Suman Ma'am
PhD Mathematics, University of Delhi
M
Mahima Ma'am
SRCC, DSE, NET Qualified
S
Samkith Sir
SXC, ISI MSQe Topper
S
Saurabh Sir
JNU, JRF Qualified
I
Insiya Ma'am
ISI, MSQe
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