Courses
The objective of the course is to introduce students to the elementary theoretical and mathematical tools used in microeconomic analysis. At the end of the course students should be able (i) to understand and explain the tools, (ii) to use the tools to analyse simple problems in microeconomics, and (iii) to discuss critically the methods used.
The objective of the course is (a) to introduce students to the scope and purpose of current microeconomic analysis, and provide them with the basic tools to help them understand many of the subsequent optional courses; (b) to show how those tools can be applied to microeconomic policy issues.
The course covers selected topics in behavioural decision theory and behavioural game theory in roughly equal proportions, with topics to some extent varying from year to year. Decision theory topics are selected from referencedependence and loss aversion; presentbias, selfcontrol, and timeinconsistency; and nonBayesian probabilistic inference. Game theory topics are selected from adaptive learning; strategic thinking; bargaining; and social preferences. The course also covers applications of behavioural economics to different subfields of economics, e.g., IO or public economics.
Pembroke & King's Programme 2018
The objective of the course is to introduce students to the elementary theoretical and mathematical tools used in microeconomic analysis. At the end of the course students should be able (i) to understand and explain the tools, (ii) to use the tools to analyse simple problems in microeconomics, and (iii) to discuss critically the methods used.
The course covers the following topics. How firms make decisions regarding pricing, product design, advertising. How firms make decisions regarding entry, mergers and takeovers, innovation, vertical relation. The welfare effects of firm decisions and market power. Interactions between strategic firms and competition. Abuse of dominance and other socially suboptimal behaviour by firms, and how to regulate it. Basic methods for using data to analyse firm behaviour.
Additional materials
A short summary of some of the most relevant mathematical results.
A summary of the most recent monotone comparative statics results.

"Young man, in mathematics you don't understand things. You just get used to them." 