Unit name | Advanced Microeconomics |
---|---|
Unit code | EFIM30009 |
Credit points | 20 |
Level of study | H/6 |
Teaching block(s) |
Teaching Block 4 (weeks 1-24) |
Unit director | Professor. Giovannoni |
Open unit status | Not open |
Pre-requisites |
ECON21133 Intermediate Microeconomics |
Co-requisites |
None |
School/department | School of Economics |
Faculty | Faculty of Social Sciences and Law |
The unit develops information economics and introduces mechanism design. Topics covered include dynamic incentive problems, bargaining, incentives in teams, mechanism design, auctions and matching markets.
The aims of the unit are:
At the end of the course students should have a good understanding of many issues at the frontier of modern microeconomics.
They will be able to analyse a range of decision-theoretic situations by appropriate selection and application of microeconomic models.
They will be able to explain the uses and limitations of the models discussed in the unit.
They will be able to answer interpretive and problem-based questions on:
18 one hour lectures and 9 one hour tutorials
Unseen 3 hour written exam in June. All of the learning outcomes above will be assessed.
Formative assessment (2 assignment lectures). Across the formative assignments, all learning outcomes are assessed.