The course is conducted in English。

This course is the second-half of Intermediate Microeconomics. The topics focusing on how individuals (consumer, firm…) interact with others and how market fails. In spring semester, I will cover: (1) Monopoly (2) Game theory and its application (3) Uncertainty (4) Asymmetric information Please check: https://www.dropbox.com/scl/fi/b8c13ux6sc9k1knt4mv11/Syllabus-for-Microeconomics-2.pdf?rlkey=rgemgmwjt1i5c8j09kckzjcdu&dl=0

After this class students should know: (1)how to characterize firm’s decision under monopoly (2)how to solve equilibria for different types of games (3)how to construct models with uncertainty (4)how the models of adverse selection and moral hazard work