ECON3023J Advanced Microeconomics

Academic Year 2023/2024

This module focuses on contract theory. It will provide students with an understanding of issues related to contracting in the presence of asymmetric information.
Topics inluded are:
-choice under uncertainty
-moral hazard (first and second best cases)
-adverse selection (first and second best cases)
-signaling model

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Curricular information is subject to change

Learning Outcomes:

Upon completion of this module students should be able to recognize distinct forms of asymmetry of information. They will be familiar with the implications the presence of moral hazard and adverse selection have on optimal contracts designed by principals.

Indicative Module Content:

Student Effort Hours: 
Student Effort Type Hours
Lectures

22
Tutorial

8
Autonomous Student Learning

72
Total

102
Approaches to Teaching and Learning:
We will have lectures and homework assignments on topics presented in class. 
Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Required:
BDIC1047J - English for Uni Studies BDIC, BDIC1048J - English Gen Acad Purposes BDIC, BDIC2007J - English for Spec Acad Purposes, BDIC2015J - Acad Wrt & Comm Skills

Additional Information:
This module is delivered overseas and is not available to students based at the UCD Belfield or UCD Blackrock campuses.


 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Continuous Assessment: Final exam including multiple choice questions and problems to solve analytically. 2 hour End of Trimester Exam n/a Alternative linear conversion grade scale 40% No

60
Continuous Assessment: Midterm exam that includes multiple choice questions and problems to solve analytically. Unspecified n/a Alternative linear conversion grade scale 40% No

40

Carry forward of passed components
Yes
 
Remediation Type Remediation Timing
In-Module Resit Prior to relevant Programme Exam Board
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Solutions to midterm and homework assignments will be discussed in class.

Name Role
Haochi Chen Tutor
Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
 

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