F1F5314 Microeconomic Theory 7.5 credits

The course covers:

• The theory of consumer choice and demand.
• Choice under uncertainty, Dynamic choice,  Social choice and efficiency.
• Pure exchange and general equilibrium, The neoclassical firm.
• The competitive firm and perfect competition. Monopoly, Imperfect competition.
• Moral hazard and incentives.
• Adverse selection and market signaliing.
• The relevation principle and mechanism design.
• Applications to real estate issues.

The purpose of this course is to introduce the student to the concepts and strategies used in  research based on microeconomic theory.

Admission to postgraduate studies.

Announced when the course starts.

If the course is discontinued, students may request to be examined during the following two academic years.

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

A written examination.

Svante Mandell

• All members of a group are responsible for the group's work.
• In any assessment, every student shall honestly disclose any help received and sources used.
• In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.