Advanced microeconomics

The course is designed to provide a rigorous introduction to the conceptual apparatus of modern microeconomics. Its objective is to equip students with the basic analytical tools required to read and understand contemporary literature in theoretical and applied microeconomics and to approach advanced research topics both in microeconomic theory and in other subfields of economics in which knowledge of microeconomic theory is required (e.g. development, education, health, industrial, international, labour, and public economics).

After the course, students must be able to use economic reasoning to understand the main determinants of individuals' and firms' decisions, the functioning of markets in real world settings, and how they are influenced by public policies or changes in economic fundamentals. This theoretical knowledge is highly complementary to the data analysis techniques that students will learn in other courses (such as "Research Methods") and are key to a correct understanding and interpretation of the empirical evidence.
Students will also acquire the basic knowledge needed to approach more advanced topics in other subfields of economics for which microeconomics is a pre-requisite (e.g. development, education, health, industrial, international, labour, and public economics, among others).