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These notes are based on the microeconomics lectures delivered in
the Master of Science in Applied Economics (MSAE) programme at the
City University of Hong Kong. They have been delivered in the fall
Semesters of 2005- 2007. The lectures are delivered over a period
of thirteen weeks (three hours per week). One should always
remember the time constraint involved in delivering lectures.
Everything can not be covered; therefore one has to be selective in
what is taught. This is the reason for calling these lectures core
microeconomics. The topics selected and taught reflect our
perceptions and value judgement about core topics in
microeconomics. Also the students in this class at the City
University of Hong Kong come from a very heterogeneous background
which varies a lot; medicine, law, mathematics, engineering,
physics, biology, and of course economics. The course is designed
to teach all these heterogeneous students important topics in
microeconomics in a span of thirteen weeks. This is a tough task
and many of these students are very ambitious and desirous of doing
graduate studies in Europe, Canada, and the US. The feedback on
this course has been extremely good from students who are pursuing
graduate studies in Britain and the US. These are lecture notes
that vary in level at which different topics are taught and also
the depth at which these topics are covered. They should not be
taken as a substitute for a textbook but as an aid for reading
other textbooks.
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