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This is the first semester of a rigorous two-semester sequence in advanced microeconomic analysis for MPA/ID students. Topics covered include consumer theory, producer theory, risk and behavior under uncertainty, partial equilibrium, and externalities. Theory is illustrated by relevant applications to international development and other areas. Prerequisites: Multivariate calculus and constrained optimization; intermediate microeconomics.

This course is open to non-MPA/ID students only by permission of instructor. Qualified non-MPA/IDs should consider taking API-111. Students may receive credit for both API-109 and API-101 only if API-101 is taken first. API-109 and API-111 cannot both be taken for credit.