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EC9A1: Advanced Microeconomic Theory

  • Motty Perry

    Module Leader
  • Herakles Polemarchakis

    Module Lecturer
35 CATS - Department of Economics
Spring Module
Autumn Module

Principal Aims

EC9A1-35 Advanced Microeconomic Theory

Principal Learning Outcomes

"Subject Knowledge and Understanding: Have a comprehensive understanding of the main techniques of modern microeconomic theory. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars and background reading The summative assessment methods that measure the achievement of this learning outcome are: Examination and class tests"

"Subject Knowledge and Understanding: Have an advanced knowledge of recent research in key areas of microeconomic theory. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars and background reading The summative assessment methods that measure the achievement of this learning outcome are: Examination and class tests"

"Cognitive Skills Be in a position to critically evaluate and apply modern techniques to develop microeconomic models in their own research. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars and background reading The summative assessment methods that measure the achievement of this learning outcome are: Examination and class tests"

Syllabus

The module will typically cover the following topics:Decision Theory: Decision Theory; Choice under Uncertainty; Dynamic Choice. Game Theory: Static Games of Complete Information; Dynamic Games of Complete Information; Repeated Games; Static Games with Incomplete Information; Dynamic Games with Incomplete Information; Cooperative Game Theory. General competitive analysis: Abstract Economies; Economies with uncertainty; Dynamic economies. Social Choice and Information Economics: Social Choice; Information Economics.

Context

Core Module
L1PJ - Year 1

Assessment

Assessment Method
Coursework (100%)
Coursework Details
In class test (20%), In class test (20%), In Department Exam (60%)
Exam Timing
N/A

Exam Rubric

Time Allowed: 3 Hours

Answer TWO questions from Section A and TWO questions from Section B. Answer Section A questions in one booklet and Section B questions in a separate booklet. All questions carry equal weight (25 marks).

Approved pocket calculators are allowed.

Read carefully the instructions on the answer book provided and make sure that the particulars required are entered on each answer book. If you answer more questions than are required and do not indicate which answers should be ignored, we will mark the requisite number of answers in the order in which they appear in the answer book(s): answers beyond that number will not be considered.

Previous exam papers can be found in the University’s past papers archive. Please note that previous exam papers may not have operated under the same exam rubric or assessment weightings as those for the current academic year. The content of past papers may also be different.

Reading Lists