ECON 603 - Microeconomic Theory III
Section: 001
Term: FA 2017
Subject: Economics (ECON)
Department: LSA Economics
Class Misc Info:
Meets 10/23/17 - 12/12/17. (Drop/Add deadline=11/06/17.).
Advisory Prerequisites:
ECON 600, Permission of instructor.
May not be repeated for credit.
Primary Instructor:

Topics covered are those surrounding classical general equilibrium. We will cover the general Arrow Debreu model as well as some more special examples. The focus will be on the two welfare theorems, and on results on the existence, uniqueness, and comparative statics of equilibrium. We shall also consider asset markets and the distinction between complete and incomplete markets.

Intended Audience:

This course is designed for students in the first year of the economics doctoral program.

Class Format:

There will be lectures and sections. Students will be evaluated on the basis of homeworks and exams.

ECON 603 - Microeconomic Theory III
Schedule Listing
001 (LEC)
TuTh 2:30PM - 4:00PM
002 (DIS)
10Doc Level
Th 6:00PM - 7:30PM
NOTE: Data maintained by department in Wolverine Access. If no textbooks are listed below, check with the department.

ISBN: 0195102681
Microeconomic theory, Author: Andreu Mas-Colell, Michael D. Whinston, and Jerry R. Green., Publisher: Oxford University Press Oxford Stu 1995
Syllabi are available to current LSA students. IMPORTANT: These syllabi are provided to give students a general idea about the courses, as offered by LSA departments and programs in prior academic terms. The syllabi do not necessarily reflect the assignments, sequence of course materials, and/or course expectations that the faculty and departments/programs have for these same courses in the current and/or future terms.

Click the button below to view historical syllabi for ECON 603 (UM login required)

View Historical Syllabi
The CourseProfile (ART) system, supported by the U-M Provost’s 3rd Century Initiative through a grant to the Digital Innovation Greenhouse, provides additional information about: course enrollments; academic terms and instructors; student academic profiles (school/college, majors), and previous, concurrent, and subsequent course enrollments.

CourseProfile (ART)