Lecture Notes in Microeconomic Theory: The Economic Agent (Second Edition)This book presents Ariel Rubinstein's lecture notes for the first part of his wellknown graduate course in microeconomics. Developed during the fifteen years that Rubinstein taught the course at Tel Aviv University, Princeton University, and New York University, these notes provide a critical assessment of models of rational economic agents, and are an invaluable supplement to any primary textbook in microeconomic theory. In this fully revised and expanded second edition, Rubinstein retains the striking originality and deep simplicity that characterize his famously engaging style of teaching. He presents these lecture notes with a precision that gets to the core of the material, and he places special emphasis on the interpretation of key concepts. Rubinstein brings this concise book thoroughly up to date, covering topics like modern choice theory and including dozens of original new problems. Written by one of the world's most respected and provocative economic theorists, this second edition of Lecture Notes in Microeconomic Theory is essential reading for students, teachers, and research economists.

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Contents
Lecture 1 Preferences  1 
Lecture 2 Utility  12 
Lecture 3 Choice  23 
Lecture 4 Consumer Preferences  45 
Consumer Choice  60 
Lecture 6 Choice over Budget Sets and the Dual Consumer  75 
Lecture 7 The Producer  85 
Lecture 8 Expected Utility  94 
Lecture 9 Risk Aversion  107 
Lecture 10 Social Choice  121 
Review Problems  131 
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