Producer theory (cont.)

23 Outubro 2014, 19:30 • Joana Pais

Cost. Cost minimization problem in the long run and in the short run. Exercises. Duality in production. The profit maximization problem.

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Theory of the firm

17 Outubro 2014, 21:00 • Joana Pais

Production function. MRTS. Elasticity of substitution. Returns to scale. Examples.

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Uncertainty

16 Outubro 2014, 19:30 • Joana Pais

Choice under uncertainty. Expected utility property. The Allais Paradox. Risk aversion. The Arrow-Pratt coefficient.

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Revelaed preference

10 Outubro 2014, 21:00 • Joana Pais

Revealed preference. Exercises.

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Duality. Revealed preference

9 Outubro 2014, 19:30 • Joana Pais

Duality. Properties of the demand function. Revealed preference: WARP, SARP.

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