EC9A1: Advanced Microeconomic Theory
Bhaskar Dutta
Module Leader
Introduction
EC9A1-35 Advanced Microeconomic Theory
Principal Aims
The module aims to develop the skills in, and knowledge of, microeconomics necessary for a career as an academic economist and in all areas where advanced research skills in economics are required. Specifically, it aims to teach the students to understand, appreciate, and ultimately contribute to, frontier research. It is intended to be comparable to modules taught in the best research universities in the USA and elsewhere in Europe.
Principal Learning Outcomes
Cognitive Skills:...be in a position to critically evaluate and apply modern techniques to develop microeconomic models in their own research.
Subject Knowledge and Understanding:...have a comprehensive understanding of the main techniques of modern microeconomic theory.
Subject Knowledge and Understanding:...have an advanced knowledge of recent research in key areas of microeconomic theory.
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
- L1PL - Year 1
Assessment
- Assessment Method
- Coursework (100%)
- Coursework Details
- In Department Exam (60%) , In class test (20%) , In class test (20%)
- Exam Timing
- N/A