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ECON 401/601, Microeconomic Theory 3/micro 1: Jean Guillaume Forand Fall 2019, Waterloo

This document outlines the details of the ECON 401/601 Microeconomic Theory course taught by Professor Jean Guillaume Forand in the fall 2019 term at the University of Waterloo. The course will cover fundamental microeconomic models of choice and decision-making, with a focus on choice under uncertainty and game theory. Students will complete assignments, a midterm exam, and a final exam as evaluation. Academic integrity and policies on missed exams are also discussed.

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Tarun Sharma
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112 views3 pages

ECON 401/601, Microeconomic Theory 3/micro 1: Jean Guillaume Forand Fall 2019, Waterloo

This document outlines the details of the ECON 401/601 Microeconomic Theory course taught by Professor Jean Guillaume Forand in the fall 2019 term at the University of Waterloo. The course will cover fundamental microeconomic models of choice and decision-making, with a focus on choice under uncertainty and game theory. Students will complete assignments, a midterm exam, and a final exam as evaluation. Academic integrity and policies on missed exams are also discussed.

Uploaded by

Tarun Sharma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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ECON 401/601, Microeconomic Theory 3/Micro 1

Jean Guillaume Forand∗

Fall 2019, Waterloo

• Lectures: MW 10h00-11h20, RCH206. First class is Wednesday September 4, final class


is Monday December 2.

• Office Hours: Fridays 13h30-15h00.


Office hours are the appropriate venue for asking questions about the material from the
course. Email is an inefficient method for communicating course content, and I will not
respond to detailed questions regarding the material other than during class or office hours.

• Textbook: Mas-Colell, A. Whinston, M.D. and Green, J.R., Microeconomic Theory,


Oxford University Press, 1995.

• Course Materials on D2L: I will post class announcements, assignments and other rel-
evant material on the Desire2Learn network. Students are responsible for staying updated
with the material posted on D2L.

• Topics: In this course, I plan to cover the fundamental models of economic decision-
making, with a particular focus on the theory of choice under uncertainty and game theory.
The chapters from MWG listed below may not be covered in their entirety. Emphasis on
certain topics may also change during the term due to time constraints.

i. Choice Theory
(a) Preference and Choice (MWG Ch. 1)
(b) Preference and Utility (MWG Ch. 3A-C)
(c) Application: the Consumer’s Problem (MWG Ch. 3D)
(d) Choice Under Uncertainty (MWG Ch. 6)
ii. Game Theory
∗
Room 131, Department of Economics, University of Waterloo, Hagey Hall of Humanities, Waterloo, Ontario,
Canada N2L 3G1. Office phone: 519-888-4567 x. 33635. Email: [email protected]. My website (check for
course materials): http://arts.uwaterloo.ca/~jgforand

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(a) Basic Elements of Noncooperative Games (MWG Ch. 7).
(b) Simultaneous-Move Games (MWG Ch. 8).
(c) Dynamic Games (MWG Ch. 9).

• Evaluation: There will be assignments, a midterm and a final exam. Undergraduate


students enrolled in ECON 401 will be held to a different standard than graduate students
enrolled in ECON 601.

i. There will be four assignments. These are worth 10% of the final grade and their
aim is to help you integrate the material from class and prepare you for the exams.
Teamwork is expected (and to some degree recommended), although each student
must hand in their own assignment.
ii. The midterm, worth 40% of the final grade, will take place on Wednesday October
23 in the class period and in the room classes are held. The subjects covered by the
midterm will be specified in class prior to the test.
iii. The final exam is worth 50% of the final grade. The material on the final is cumulative.

• Policy on Missed/Late Assignments and Tests: Any assignment that is not


handed in to me during the lecture at which this assignment is due will not be marked and
will receive a grade of zero. If you miss that lecture due to illness and therefore cannot
hand in your assignment, a relevant medical certificate is required to shift the weight of the
assignment to the final exam. No make-up tests will be provided for the midterm exam.
Students who miss the midterm and do not have a relevant medical certificate will receive a
mark of zero. Students with a valid medical certificate will have the weight of the midterm
shifted to their final exam.

• Cross-listed course: Please note that a cross-listed course will count in all respective
averages no matter under which rubric it has been taken. For example, a PHIL/PSCI
cross-list will count in a Philosophy major average, even if the course was taken under the
Political Science rubric.

• Academic Integrity: In order to maintain a culture of academic integrity, members of


the University of Waterloo are expected to promote honesty, trust, fairness, respect and
responsibility. See the UWaterloo Academic Integritity webpage and the Arts Academic
Integrity webpage for more information.

• Discipline: A student is expected to know what constitutes academic integrity, to avoid


committing academic offences, and to take responsibility for his/her actions. A student
who is unsure whether an action constitutes an offense, or who needs help in learning how
to avoid offenses (e.g., plagiarism, cheating) or about “rules” for group work/collaboration

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should seek guidance from the course professor, academic advisor, or the Undergraduate
Associate Dean. When misconduct has been found to have occurred, disciplinary penalties
will be imposed under Policy 71 - Student Discipline. For information on categories of
offenses and types of penalties, students should refer to Policy 71 - Student Discipline. For
typical penalties check Guidelines for the Assessment of Penalties.

• Grievance: A student who believes that a decision affecting some aspect of his/her uni-
versity life has been unfair or unreasonable may have grounds for initiating a grievance.
Read Policy 70 - Student Petitions and Grievances, Section 4. When in doubt, please
be certain to contact the department’s administrative assistant who will provide further
assistance.

• Appeals: : A decision made or penalty imposed under Policy 70 - Student Petitions and
Grievances (other than a petition) or Policy 71 - Student Discipline may be appealed if
there is a ground. A student who believes he/she has a ground for an appeal should refer
to Policy 72 - Student Appeals.

• Note for students with disabilities: The AccessAbility Services (AS) Office, located
on the first floor of the Needles Hall extension (1401), collaborates with all academic de-
partments to arrange appropriate accommodations for students with disabilities without
compromising the academic integrity of the curriculum. If you require academic accom-
modations to lessen the impact of your disability, please register with the AS office at the
beginning of each academic term.

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