Learning Outcomes:
Students should gain an understanding of strategic decision making. They will understand how situations where there is an asymmetry of information are captured and will learn to solve for equilibria in such instances.
Curricular information is subject to change.
This module completes your required learning in Microeconomics. It will rely on the book by Mas-Colell, Whinston and Green. The course will cover Part Two and explore game theory. We then cover Chapter 12 (Market Power), Chapter 13 (Adverse Selection, Signalling and Screening) and Chapter 14 (Principal Agent Problem).
About this Module
Student Effort Hours:
| Student Effort Type | Hours |
|---|---|
| Lectures | 24 |
| Autonomous Student Learning | 200 |
| Total | 224 |
Approaches to Teaching and Learning:
Students will learn by attending lectures and by working through the homework assignments and practice problems with their fellow students.Requirements, Exclusions and Recommendations
Not applicable to this module.
Module Requisites and Incompatibles
Not applicable to this module.
| Resit In | Terminal Exam |
|---|---|
| Summer | Yes - 2 Hour |
Feedback Strategy/Strategies
• Group/class feedback, post-assessment
• Self-assessment activities
How will my Feedback be Delivered?
Detailed solutions to midterm and final exam will be issued within 20 working days. Individual feedback will be given to students requesting an appointment.
Mas-Colell, Whinston, Green - Microeconomic Theory