Syllabus
Updated A.Y. 2024-2025
Numbers in parentheses refer to chapter numbers in CORE Microeconomics. Extensions will not be covered unless otherwise stated)
The book is freely available at this link in various formats:
https://core-econ.org/the-economy/#formats
Unit 1: Prosperity, inequality, and planetary limits
Measuring wellbeing: climate change and inequality (1.1-1.4)
"Hockey-stick" growth (1.5-1.7)
The role of capitalism in economic growth (1.8-1.10, 1.12)
Economics and the biosphere (1.13)
Unit 2: Technology and incentives
Decision making (2.2)
Technologies and innovation (2.3-2.7, including extensions)
Economic models (2.8, 2.10)
Capitalism and climate change (2.11)
Unit 3: Scarcity, wellbeing, and working hours
Scarcity and choice (3.1-3.4, including extensions)
Decision-making under scarcity(3.5-3.6, including extensions)
Income and substitution effects (3.7 including extension)
Is it a good model? (3.8)
Applications to the real world (3.9-3.12)
Unit 4: Strategic interactions and social dilemmas
Game theory (4.1-4.2)
Types of equilibrium (4.3-4.4)
Evaluating outcomes (4.5)
Social Preferences (4.6-4.7, including extensions)
The Ultimatum Game (4.11-4.12)
Unit 5: The rules of the game: who gets what and why?
Institutions and power (5.1-5.3)
A model to study institutions (5.4, including extensions)
The distribution of income (5.5-5.14, including extensions)