Microeconomia - Preferencias - Aula 2

The course is structured into 14 lectures and is guided by the syllabus and bibliographic references outlined below. Course coordinator: Dr. Renato de Castro Garcia (IE–Unicamp) SYLLABUS 1. INTRODUCTION 1.1 Basic concepts; 1.2 Overview of competitive markets. References: VARIAN (2012), ch. 1; PINDYCK and RUBINFELD (2010), chs. 1–2. 2. CONSUMER THEORY 2.1 Budget constraint, preferences, and utility; 2.2 Choice and optimization; 2.3 Individual demand, income and substitution effects; 2.4 Consumer surplus, market demand, and elasticity. References: VARIAN (2012), chs. 2–9, 14–15; PINDYCK and RUBINFELD (2010), chs. 3–4. 3. PRODUCER THEORY 3.1 Production; 3.2 Costs of production; 3.3 Profit maximization and competitive supply. References: VARIAN (2012), chs. 18–23; PINDYCK and RUBINFELD (2010), chs. 6–8. 4. MARKET EQUILIBRIUM 4.1 Competitive markets. References: VARIAN (2012), ch. 16; PINDYCK and RUBINFELD (2010), ch. 9. REFERENCES VARIAN, H. R. Microeconomics: A Modern Approach. 9th ed. Rio de Janeiro: Elsevier, 2015. PINDYCK, R. S.; RUBINFELD, D. L. Microeconomics. 7th ed. São Paulo: Pearson, 2010. #microeconomics #economictheory #economics Timestamps: 00:00 – Introduction: Rationality and Maximization 01:25 – The Three Basic Preference Relations (Strict, Weak, Indifference) 05:30 – The Three Axioms of Preferences (Completeness, Reflexivity, Transitivity) 07:25 – Definition of Indifference Curves 12:50 – Fundamental Property: Indifference Curves Do Not Intersect 16:46 – Specific Case: Perfect Substitutes 18:53 – Specific Case: Perfect Complements 25:51 – Well-Behaved Preferences 26:26 – Analysis: Monotonicity and Convexity 31:33 – Key Concept: Marginal Rate of Substitution (MRS)