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Cairo	University	
Faculty	of	Economics	and	Political	Science	
Economics	Department	
______________________________________________________________________________	
	
Course	Title:	Microeconomic	Theory	1	
Level:	Post-Graduate	(Master’s	Program)	
Semester:	Fall	2014		
Meeting	Time	and	location:	Monday	(6:00-9:00pm),	Room	33.	
Instructor:	Dr.	Mahmoud	R.	Fath-Allah	
Mobile:	01006820651		 Email:	m.r.fathallah@gmail.com	
	
Course	Description:	
The	aim	of	this	course	is	to	deepen	the	students'	understanding	of	microeconomics.	The	course	
will	focus	on	those	areas	likely	to	be	most	useful	to	students	in	the	design	and	evaluation	of	
economic	policy	as	well	as	in	future	economic	research.	Following	this	approach,	this	course	will	
be	organized	in	three	main	topics;	Consumer,	Producer,	Market.	
The	 course	 assumes	 that	 students	 have	 taken	 undergraduate	 intermediate	 microeconomics	
classes.	 It	 also	 assumes	 that	 students	 are	 comfortable	 with	 multivariable	 calculus	 and	 linear	
algebra.	
	
ASSESSMENT	
Coursework:	30%	
Final	Exam:		70%	
	
REQUIRED	READING	
Varian,	Hal	R.	1992.Microeconomic	Analysis.3	rd	Ed.	W.	W.	Norton	and	Company.	
Varian,	Hal	R.	2006.Intermediate	Microeconomics.	A	Modern	Approach	7	th	Ed.	W.	W.Norton	
and	Company.	 	
MasColell,	Andreu,	Michael	D.	Whinston	and	Jerry	R.	Green.	1995.	Microeconomic	Theory.	
Oxford	University	Press.
2/3	
	
Jehle,	Goeffrey	A.	and	Philip	J.	Reny.2001.	Advanced	Microeconomic	Theory.	2nd
ed.		
AddisonWesley	Longman,	Inc.	
Jenkinson,	Tim	(editor).	1996.	Reading	in	Microeconomics.	Oxford	University	Press.	
Kreps,	David	M.	2013.	Microeconomic	Foundations	I;	Choice	and	Competitive	Markets.	
Princeton	University	Press	
	
Course	Outline:	
First	Part:	Consumer	(4	Lectures)	
1- Budget	constraint	and	properties	of	the	Budget	Set.	
Varian,	Hal	R.	2006.	Ch.2	
Geoffrey	A.	Jehle	and	Philip	J.	Reny.	2001.	Ch.1	
	
2- Consumer	Preferences:	Characteristics,	assumptions,	and	special	cases.	
Varian,	Hal	R.	2006.	Ch.3	
Geoffrey	A.	Jehle	and	Philip	J.	Reny.	2001.	Ch.1	
Kreps,	David	M.	2013.	Ch1,2	
	
3- Utility	Functions	and	Optimal	Choice	
Varian,	Hal	R.	1992.	Ch.7,	8	
Varian,	Hal	R.	2006.	Ch.4,5	
Geoffrey	A.	Jehle	and	Philip	J.	Reny.	2001.	Ch.1	
Kreps,	David	M.	2013.	Ch2	
	
4- Consumer’s	Demand	function	and	market	demand		
Varian,	Hal	R.	1992.	Ch.9	
Varian,	Hal	R.	2006.	Ch.6,7,8,15	
Geoffrey	A.	Jehle	and	Philip	J.	Reny.	2001.	Ch.1	
Kreps,	David	M.	2013.	Ch2	
	
Second	Part:	Producer	(4	Lectures)	
5- Technology	and	Production	function	
Varian,	Hal	R.	1992.	Ch.1	
Varian,	Hal	R.	2006.	Ch.18	
Geoffrey	A.	Jehle	and	Philip	J.	Reny.	2001.	Ch.3
3/3	
	
6- Profit	and	Cost	Optimization	
Varian,	Hal	R.	1992.	Ch.2,3,4	
Varian,	Hal	R.	2006.	Ch.19,20	
Geoffrey	A.	Jehle	and	Philip	J.	Reny.	2001.	Ch.3	
	
7- Cost	Functions	and	Curves	
Varian,	Hal	R.	1992.	Ch.5	
Varian,	Hal	R.	2006.	Ch.21	
Geoffrey	A.	Jehle	and	Philip	J.	Reny.	2001.	Ch.3	
	
8- Firm	Supply	and	Industry	Supply	
Varian,	Hal	R.	2006.	Ch.22,23	
Geoffrey	A.	Jehle	and	Philip	J.	Reny.	2001.	Ch.3	
	
Third	Part:	Market	(4	Lectures)	
9- Monopoly	
Varian,	Hal	R.	1992.	Ch.14	
Varian,	Hal	R.	2006.	Ch.24,	25	
	
10- Competition	
Varian,	Hal	R.	1992.	Ch.13	
Geoffrey	A.	Jehle	and	Philip	J.	Reny.	2001.	Ch.5	
	
11- Competition	and	Industrial	Policy	
Jenkinson,	Tim	(editor).	1996.	Ch.	6,7,8	
	
12- Review

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