Cost Minimization Content: Definitions Properties of cost function WACM Some forms of cost functions lecture3 for Chu Kechen Honors College
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profit maximization Contain: Some definition -Isoprofit curve -Demand function and it's properties supply function and it's properties -Profit function and it's properties lecture 2 for Chu Kechen Honors College
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Summary textbook: Varian, Hal R., 1992, Microeconomics Analysis, 3rd ed. Mas-Colell, A., M. Whinston, and J. Green, 1995, Microeconomics Theory. assignments: twice a week; Team work; Deliver on the class
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Content Lotteries and expected utility Risk aversion Metric Subjective probability theory
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Content Public goods Subscription -Efficient provision of public goods Public choice · Externality -What' s externality? - How to solute it? -What' s the efficient condition with externality
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Content The“core Uniqueness of equilibrium Stability of equilibrium · Welfare
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Content Pure exchange system The existence of Walrasian equilibrium The first theorem of welfare economics The second theorem of welfare economics Exchange with production
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CONTENT WA and demand law From preferences to utility Utility maximization Expenditure minimization
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Duality Given the technology, we can obtain the cost function, are the cost function contains the same information of the technology (production function)? If the answer is \yes\, then the cost minimization behavior will indicate the technology of the firm
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第一节证券投资风险的控制 第二节证券投资品种的选择 第三节证券投资时机的选择
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