The final exam will be based on the following chapters from Varian (7^th edition) text:

Chapter 16: Equilibrium

Chapter 18: Technology (all)

Chapter 19: Profit Maximization (including the Appendix; without 19.2-19.4, nor 19.11: Revealed Profitability)

Chapter 20: Cost Minimization (including the Appendix; excluding 20.2: Revealed Costs)

Chapter 21: Cost Curves (all)

Chapter 22: Firm Supply (without 22.7: Surplus)

Chapter 23: Industry Supply (only 23.1-23.5: The Meaning of Zero Profits)

Chapter 24: Monopoly (24.4: Inefficiency of Monopoly and 24.5: Deadweight Loss of Monopoly to be skimmed only)

Chapter 27: Oligopoly (without 27.11: Punishment Strategies. The lecture mostly followed Schotter text Chapter 11

[http://www.aw-bc.com/info/schotter/CH11_schotter.pdf])

Chapter 28: Game Theory (without 28.3 Mixed Strategies and 28.6: Enforcing a Cartel Excellent coverage of the material in Schotter text Chapter 7: Game Theory and Tools of Strategic Business Analysis

[http://www.aw-bc.com/info/schotter/CH07_schotter.pdf])

Chapter 29: Game Applications (Only 29.1: Best Response Curves)

Chapter 32: Production (without 32.6: Different Technologies. The lecture was based on Chapter 18: General Equilibrium http://highered.mcgraw-hill.com/sites/dl/free/007337573x/507227/fra7573x_ch18W_1_18W_23.pdf

Chapter 33: Welfare (No need in 33.6: Envy and Equity)

Chapter 34: Externalities (Only 34.1-34.4)

Chapter 36: Public goods (No need in 36.3, 36.5 and 36.8-36.10)

Chapter 37: Asymmetric Information (Only 37.4: Moral Hazard, 37.5 Moral Hazard and Adverse Selection, 37.7: Incentives, 37.8: Asymmetric Info)

Chapter 29: Game Applications (No need in 29.2: Mixed Strategies; 29.4: Games of Competition; 29.7 Bargaining)