Topic outline

  • General

    This is the first half of the Intermediate Microeconomics course at Aalto. The course is taught by Marko Terviö. The course assistant is Eero Mäenpää.

    The second half is taught in period 2, see https://mycourses.aalto.fi/course/view.php?id=28394.

    Make sure to read the syllabus carefully before registering for this course (link in the side panel at MyCourses). Note that the ongoing Corona virus pandemic may still cause changes to course policies. 

    With one exception, period 1 lectures will be conducted remotely. Links to remote lectures will appear in the Lectures section of the course web page. The 2nd lecture (Wednesday, Sep 9th) includes an interactive in-class game, which is conducted in class and counts as a problem set question. (Depending on how many people show up, this may involve splitting into two simultaneous groups for the game). However, equivalent points as from the in-class game can also be accomplished by an alternative home assignment.

    In Fall 2020, the exam and homework will both have weight 50% in the grade. 


    • Note on the textbook, Intermediate Microeconomics by Hal Varian. There are many editions and usually an older edition is just as good for the purposes of this course. (Older versions tend to be cheaper in the used book market!) The chapter numbering in the course schedule refers to the 9th edition. There is a version "with Calculus" and without; both have the same chapter structure. You may find the version without calculus more useful, if your objective is to pass the class. If your objective is to get a high grade (4 or better) I recommend the version "with Calculus".  If you are majoring in economics, I highly recommend that you obtain a personal copy of the latter version for reference in your future studies. Amazon link.