Are you interested in learning a rigorous exploration of rational choice, consumer and firm behavior, equilibrium analysis, and welfare economics, and its applications?

The Chair of Microeconomics (Prof. Dr. Claudia Keser) is offering the Master's course "Advanced Microeconomics - M.WIWI-VWL.0001" from April 14 to July 14, 2026, during the summer semester. The first session will take place on Tuesday, April 14, 2026, starting at 10:15 a.m. in room ZHG 005. The first tutorial will be on Thursday, April 17, 2026 at 10:15 a.m. in room ZHG 003.

This course offers a comprehensive and mathematically rigorous introduction to modern microeconomic theory. We develop the foundations of rational choice under certainty and uncertainty, analyze consumer and firm behavior, and study both partial and general equilibrium frameworks. Building on these models, we also examine the welfare properties of competitive equilibria and explore the formal structure of social choice, including the logic and implications of Arrow’s impossibility theorem.

The lecture is intended to convey the fundamental concepts, rigorous mathematical and theoretical foundations of rational choice, consumer and firm behavior, equilibrium analysis, and welfare economics, and its applications in economics. The exercise sessions will provide practical practice on the concepts learned in the lecture.

Prior registration is not required. The password for StudIP will be announced in the first session.

The exam will take place on Tuesday, July 28, 2026, 10:00 a.m.