Advanced Microeconomics

Advanced Microeconomics provides a rigorous examination of how individuals, households, firms, and markets make decisions under conditions of scarcity and constraints. The course develops the analytical foundations of modern microeconomic theory, focusing on optimization, equilibrium analysis, and strategic interactions among economic agents.

Learners will explore consumer theory, producer theory, duality, market structures, game theory, uncertainty, welfare economics, and information economics. The course emphasizes mathematical and graphical techniques used to model economic behavior and evaluate the efficiency of market outcomes.

Through theoretical analysis and practical applications, students will gain the ability to solve complex economic problems, assess policy interventions, and understand how incentives influence decision-making in competitive and non-competitive environments.

By the end of the course, learners will be equipped with advanced analytical tools for studying consumer behavior, firm decision-making, market performance, resource allocation, and welfare implications in both private and public sector contexts.