**THEORY OF THE FIRM**

Profit maximization and technology

Production sets, input requirements functions Cost functions

Demand and supply functions

Algebraic approaches to profit maximization and cost minimization Duality

**THEORY OF THE CONSUMERS**

Consumer preferences and consumer behaviour. Utility functions Expenditure functions

Indirect utility functions The Slutsky equation

Demand and supply functions Duality in consumption

Axioms of revealed preference Expected Utility

Risk aversion

**THEORY OF THE MARKET**

Monopoly

Pure competition Oligopoly

The cournot-Nash equilibrium Stackelber’s model

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