Explore UCD

UCD Home >

ECON30290

Academic Year 2024/2025

Advanced Microeconomics (ECON30290)

Subject:
Economics
College:
Social Sciences & Law
School:
Economics
Level:
3 (Degree)
Credits:
5
Module Coordinator:
Dr Sarah Parlane
Trimester:
Autumn
Mode of Delivery:
On Campus
Internship Module:
No
How will I be graded?
Letter grades

Curricular information is subject to change.

This module focuses on contract theory. It will provide students with an understanding of issues related to contracting in the presence of asymmetric information. Several papers will be presented explaining how such issues affect regulatory decisions, the optimal management of workers and the contracting decisions in banking and insurance.

About this Module

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 the optimal contracts.

Indicative Module Content:

Game theory
Moral Hazard
Adverse Selection
Signalling

Student Effort Hours:
Student Effort Type Hours
Autonomous Student Learning

80

Lectures

20

Tutorial

10

Total

110


Approaches to Teaching and Learning:
The module is mostly taught around a problem based learning approach.
During classes, some theory will be presented and illustrated using exercises that will be solved in class and using problem sets.
Students will also be encouraged to read papers.

The module is mostly taught using a problem based learning approach.
All of the concepts that are introduced in class are illustrated using exercises.

Students can use AI when studying and revising should they feel it enhances their understanding of the concepts explained in class.

The use of AI is not permitted in the MCQ assessment. Should you use AI to generate answers in online MCQs, it will be considered academic misconduct.

Note: a reliance on AI to solve exercises and answer quiz questions will not be useful as all of the questions are not copied from existing sources so that an AI is unlikely to come up with the correct answer.

Requirements, Exclusions and Recommendations
Learning Requirements:

It is strongly recommended that students have passed MATH20330 Optimization for Economics or some other Mathematics course that focuses on optimization prior to taking this course

Learning Recommendations:

It is recommended that students complete the Intermediate Microeconomics course.


Module Requisites and Incompatibles
Incompatibles:
ECON3023J - Advanced Microeconomics, RDEV20030 - Applied Economic Analysis


 

Assessment Strategy
Description Timing Component Scale Must Pass Component % of Final Grade In Module Component Repeat Offered
Quizzes/Short Exercises: Online quizzes during the term Week 4, Week 7, Week 11, Week 15 Alternative linear conversion grade scale 40% No
40
No
Exam (In-person): End of term examination End of trimester
Duration:
2 hr(s)
Alternative linear conversion grade scale 40% No
60
No

Carry forward of passed components
No
 

Resit In Terminal Exam
Spring Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 

Feedback Strategy/Strategies

• Feedback individually to students, post-assessment
• Group/class feedback, post-assessment
• Self-assessment activities

How will my Feedback be Delivered?

Students will be given detailed correction of all examinations and an opportunity to discuss their papers.

Advanced Microeconomic Theory, Jehle and Reny
An introduction to the Economics of Information, Macho-Stadler and Perez-Castrillo

Name Role
Mr Simone Arrigoni Tutor

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
Autumn Lecture Offering 1 Week(s) - 1, 2, 3, 4, 5, 6, 7, 9, 10, 11, 12 Thurs 11:00 - 11:50
Autumn Lecture Offering 1 Week(s) - 1, 2, 3, 4, 5, 6, 7, 9, 10, 11, 12, 13 Tues 12:00 - 12:50
Autumn Tutorial Offering 1 Week(s) - 2, 4, 6, 9, 11 Tues 17:00 - 17:50