中级微观经济学双语20151215

1、Chapter 3,Individual Demand Curves, 2006 Thomson Learning/South-Western,2,Demand Functions,Knowing persons preferences and all economic forces that affect choices allows prediction of how much of each good person would choose in face of scarcity Summarizes this information in demand function: representation of how quantity demanded depends on prices, income, and preferences.,3,Demand Function,Three elements determine quantity demanded: Prices of X and Y Income (I) Persons preferences fo。

2、Part 2,Demand, 2006 Thomson Learning/South-Western,Chapter 2,Utility and Choice, 2006 Thomson Learning/South-Western,3,Utility from Consuming Two Goods,Assume that person receives utility from consumption of two goods “X” and “Y,” which we show in functional notation by Other factors that appear after semicolon assumed to be held constant.,4,Measuring Utility,Two problems affect ability to to measure utility directly: Because real-world constantly in flux, ceteris paribus assumptio。

3、Chapter 11, 2006 Thomson Learning/South-Western,Applying the Competitive Model,2,Consumer Surplus,In Figure 11-1, the equilibrium price and quantity are P* and Q*. The demand curve, D, shows what people are willing to pay for the good. The total value of the good to buyers is given by the area below the demand curve from Q = 0 to Q = Q* (AEQ*0).,3,Price,P*,S,D,E,A,B,Quantity per period,Q*,0,FIGURE 11-1: Competitive Equilibrium and Consumer/Producer Surplus,4,Consumer Surplus,Consum。

4、Part 4, 2006 Thomson Learning/South-Western,Production, Costs, and Supply,Chapter 7, 2006 Thomson Learning/South-Western,Production,3,Production Functions,The purpose of a firm is to turn inputs into outputs. An abstract model of production is the production function, a mathematical relationship between inputs and outputs.,4,Production Functions,Letting q represent the output of a particular good during a period, K represent capital use, L represent labor input, and M represent raw。

5、Chapter 18, 2006 Thomson Learning/South-Western,Externalities and Public Goods,2,Defining Externalities,An externality is the effect of one partys economic activities on another party that is not taken into account by the price system. Externalities can occur between any two economic actors. Externalities can be beneficial or harmful.,3,Externalities between Firms,One of the most famous beneficial externalities between firms involves one firm producing honey and the other producing apple。

6、Part 5, 2006 Thomson Learning/South-Western,Perfect Competition,Chapter 10, 2006 Thomson Learning/South-Western,Perfect Competition in a Single Market,3,Pricing in the Very Short Run,The market period (very short run) is a short period of time during which quantity supplied is fixed. In this period, price acts to ration demand as it adjusts to clear the market. This situation is illustrated in Figure 10-1 where supply is fixed at Q*.,4,Price,S,D,P1,Quantity per week,Q*,0,FIGURE。

7、Chapter 16, 2006 Thomson Learning/South-Western,Capital and Time,2,Time Periods and the Flow of Economic Transactions,Ways transactions can occur across periods. Durable goods that last more than one period. An individual can borrow or lend. Individual Savings-The Supply of Loans. Savings frees up resources that can be used to produce investment goods. Savings provide funds for firms to finance investment goods.,3,Two-Period Model of Saving,Suppose there are only two time periods. C0 is。

8、Chapter 4,Market Demand And Elasticity, 2006 Thomson Learning/South-Western,2,Market Demand Curves,Market demand: total quantity of good or service demanded by all potential buyers. Market demand curve shows relationship between the total quantity demanded of a single good or service and its price, holding all other factors constant.,3,Constructing the Market Demand Curve,We construct a market demand curve (D) by horizontally summing the all individual consumers demand for the good or se。

9、Intermediate Microeconomics and Its Application 10th Edition by Walter Nicholson, Amherst College Christopher Snyder, Dartmouth College,PowerPoint Slide Presentation by Mark Karscig Central Missouri State University, 2006 Thomson Learning/South-Western,Chapter 1,Economic Models, 2004 Thomson Learning/South-Western,3,Economics,Economics How societies allocate scarce resources among alternative usesthree questions: What to produce How much to produce Who gets the physical and moneta。

10、Chapter 9, 2006 Thomson Learning/South-Western,Profit Maximization and Supply,2,The Output Decision,Economic profits () are defined as = R(q) - TC(q) (9.1) where R(q) is the amount of revenues received and TC(q) are the economic costs incurred, , both depending upon the level of output (q) produced. The firm will choose the level of output that generates the largest level of profit.,3,The Output Decision,In Figure 9-1, (TC) is the total cost curve that is drawn consistent with。

11、中外合作办学模式下微观经济学双语教学中外合作办学模式下微观经济学双语教学 探究探究 1 双语教学对中外合作办学模式的重要性中外合作办学，是一种国内和国外联合办学的新模式，它一方面可以引入国外先进的教育理念和优质的教育资源，另一方面可以快速提升我国高等教育的国际化水平。目前中外合作办学项目一般分为两个阶段：国内学习阶段和国外学习阶段。在国内学习阶段通常安排国外合作高校的外教来讲授部分专业课程。这种外教课程一般采取英文授课、英文考试的形式。在实际的教学实践中，外教课教师来自外国合作方，英语水平高，专业基。

12、Copyright 2004 South-Western22Frontiers of Microeconomics微观经济学前沿 Copyright 2004 South-WesternASYMMETRIC INFORMATION 不对称信息 A difference in access to relevant knowledge is called information asymmetryinformation asymmetry.获得相关知识的差别被称为信息不对称。Copyright 2004 South-WesternHidden Actions: Principals, Agents,and Moral Hazard Moral HazardMoral Hazard Moral hazard refers to the tendency of a person who is imperfectly monitored to engage in dishonest or otherwise undesirable。

13、22,Frontiers of Microeconomics微观经济学前沿,ASYMMETRIC INFORMATION不对称信息,A difference in access to relevant knowledge is called information asymmetry.获得相关知识的差别被称为信息不对称。,Hidden Actions: Principals, Agents, and Moral Hazard,Moral HazardMoral hazard refers to the tendency of a person who is imperfectly monitored to engage in dishonest or otherwise undesirable behavior.Employers can respond to the moral-hazard problem in various ways:Better monitoring.High wages.Delayed paymen。

14、Copyright 2004 South-Western22Frontiers of Microeconomics微观经济学前沿 Copyright 2004 South-WesternASYMMETRIC INFORMATION 不对称信息 A difference in access to relevant knowledge is called information asymmetryinformation asymmetry.获得相关知识的差别被称为信息不对称。Copyright 2004 South-WesternHidden Actions: Principals, Agents,and Moral Hazard Moral HazardMoral Hazard Moral hazard refers to the tendency of a person who is imperfectly monitored to engage in dishonest or otherwise undesirable。

15、INTERMEDIATE MICROECONOMICS 授课教师授课教师: 刘刘 璐璐 / Lu Liu 1 2015-2016学年上学期第十四次课 CHAPTER TWENTY-EIGHT Game Theory 2015-2016学年上学期第十四次课 2 SOME APPLICATIONS OF GAME THEORY The study of oligopolies (industri。