Topics in Microeconomics

Learning Outcomes

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

• the process of formulating microeconomic models and analysing their mathematical properties
• advanced concepts and their theoretical foundations in microeconomics

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• abstract the essential features of complex systems and to provide a microeconomic model for the evaluation policy and other exogeneous effects
• apply adequate research methods to address economic policy and research questions in microeconomics

The module covers topics in economic theory selected from:

• Basic Elements of non-cooperative Game Theory
• The Economics of Uncertainty
• Bargaining
• Auction Theory and Mechanism Design
• Mathematical Economics
• Contract Theory

Teaching and learning methods

Lectures will present concepts and theories and offer opportunities to apply them to economic problems, covered in detail in masterclasses.

Resources & Reading list

General Resources

Other. There is no single textbook suitable for this module. Full details of references to textbooks and journal articles or working papers will be provided at the beginning of the course. Other course information available via blackboard

Assessment strategy

This modules will be assessed by coursework in form of a problem set (10 % of the final mark), online quizzes (10% of the final mark), and an end of module written examination (80% of the final mark). This is supported by continuous formative assessment in form of problem sets. This is the same for internal repeat. Assessment for external repeat and referral is through 100% end of module written examination.

Summative

This is how we’ll formally assess what you have learned in this module.

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

Repeat

An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.

Repeat Information

Repeat type: Internal & External