Intermediate Microeconomics

  • Summer schools
  • Department of Economics
  • Application code SS-EC201
  • Starting 2018

The aim of this course is to give students the conceptual basis and the necessary tools for understanding modern microeconomics at the intermediate level.

In the context of this theoretical framework the course will explore a number of applied issues such as contract design, insurance, and ownership structures.

Session: One
Dates: 18 June - 6 July 2018
Lecturers: Dr Andrew Ellis and Dr Francesco Nava


Programme details

Key facts

Level: 200 level. Read more information on levels in our FAQs

Fees:  Please see Fees and payments

Lectures: 36 hours 

Classes: 18 hours

Assessment*: Two written examinations

Typical credit**: 3-4 credits (US) 7.5 ECTS points (EU)

*Assessment is optional

**You will need to check with your home institution

For more information on exams and credit, read Teaching and assessment


Introductory microeconomics, ordinary and partial differential calculus.

In class on the first day of the course, partial differential calculus will be reviewed and students will be introduced to the techniques of constrained maximisation, such as Lagrangean procedures, used throughout.


Programme structure

  • Consumer theory
  • The theory of the firm
  • General equilibrium and welfare
  • Game theory
  • Oligopolistic markets
  • Information economics

Course outcomes

Students will gain the conceptual basis and the necessary tools for understanding modern microeconomics at the intermediate level.


The LSE Department of Economics is one of the biggest and best in the world, with expertise across the full spectrum of mainstream economics. A long-standing commitment to remaining at the cutting edge of developments in the field has ensured the lasting impact of its work on the discipline as a whole.

It is a leading research department, consistently ranked in the top 20 economics departments worldwide. This is reflected in the 2014 Research Assessment exercise which recognised the Department's outstanding contribution to the field

On this three week intensive programme, you will engage with and learn from full-time lecturers from the LSE’s economics faculty.

Reading materials

Snyder, Christopher and Walter Nicholson. Microeconomic Theory: Basic Principles and Extensions, (11th edition, International Edition), South-Western College Publishing (2011). Please note that the textbook differs from previous editions as well as the American edition.

*A more detailed reading list will be supplied prior to the start of the programme

**Course content, faculty and dates may be subject to change without prior notice

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