Subject(s): Technology:Cobb-Douglas technology--Leontief technology--Monotonic technologies--Convex technologies--CES production function-- -- Profit Maximization:Profit function for Cobb-Douglas technology--Properties of demand and supply functions--Comparative statics using algebra--Recoverability -- Profit function:Effects of price stabilization--supply and demand functions from profit function--LeChatelier principle -- Cost minimization -- Cost fuction:Average and marginal costs--Cobb-Douglas cost curves--The envelope theorum for constrained optimization -- Duality: Applying duality mapping--Geometry of duality--uses of duality-- -- Utility functions: Money metric utility--CES utility -- Choice:Slutsky equation--Integrability problem -- Demand:homothetic utility functions--Hicksian separability--Two-good model--Functional separability -- Consumers surplus:Quasilinear utility--money metric utility--Nonparametric bounds -- Uncertainty: Allais paradox and Ellsberg paradox -- Econometrics:Optimization hypothesis--parametric tests of maximizing behavior--structural and reduced models--Diewert cost function--Translog cost function--multiple equations--Linear expenditure system--almost ideal demand system -- Competitive markets:Identical cost function market equlibrium -- Monopoly:Price discrimination--first degree,second degree,third degree price discrimination--Welfare effects -- Game theory:Prisoner's dilemma--cournot duopoly --Bertrana duopoly--Nash equilibrium--Simple bargaining model--Sealed -bid auction -- Oligopoly--Exchange--Walrasian equlibria--Pareto efficiency and calculas--Welfare maximization -- Production:Firm behavior--Labour supply--Distribution of profit-- -- Time:intertemporal preferences--Logarithmic utility--infinity--General equlibrium over states of nature -- Asset markets:Capital asset pricing model--Arbitrage pricing theory--Expected utility and the APT complete markets -- Equilibrium analysis--Welfare--Public goods--Externalities--Information--Principal -agent problem--education signaling--Mathematics--Optimization--first and second order conditions --Concavity--Quasiconcave and quasiconvex functions--setting up kuhn-tucker problems