Module overview
This module builds on your knowledge and understanding of microeconomics from ECON6077 and allows you to study in greater depth some selected topics of current interest in microeconomic theory. The objective of the module is to provide students with sufficient background in a number of areas of research for them to be able to fully appreciate the theory, the methods and the potential applications of state of the art research in microeconomics.
Aims and Objectives
Learning Outcomes
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- advanced concepts and their theoretical foundations in microeconomics
- the process of formulating microeconomic models and analysing their mathematical properties
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- abstract the essential features of complex systems and to provide a microeconomic model for the evaluation policy and other exogeneous effects
- apply adequate research methods to address economic policy and research questions in microeconomics
Syllabus
The module covers topics in economic theory selected from:
- Basic Elements of non-cooperative Game Theory
- The Economics of Uncertainty
- Bargaining
- Auction Theory and Mechanism Design
- Mathematical Economics
- Contract Theory
Learning and Teaching
Teaching and learning methods
Lectures will present concepts and theories and offer opportunities to apply them to economic problems, covered in detail in masterclasses.
| Type | Hours |
|---|---|
| Teaching | 24 |
| Independent Study | 126 |
| Total study time | 150 |
Resources & Reading list
General Resources
Other. There is no single textbook suitable for this module. Full details of references to textbooks and journal articles or working papers will be provided at the beginning of the course. Other course information available via blackboard
Assessment
Assessment strategy
This modules will be assessed by coursework in form of a problem set (10 % of the final mark), online quizzes (10% of the final mark), and an end of module written examination (80% of the final mark). This is supported by continuous formative assessment in form of problem sets. This is the same for internal repeat. Assessment for external repeat and referral is through 100% end of module written examination.
Summative
This is how we’ll formally assess what you have learned in this module.
| Method | Percentage contribution |
|---|---|
| Final Exam | 80% |
| Coursework | 10% |
| Quizzes | 10% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
| Method | Percentage contribution |
|---|---|
| Final Exam | 100% |
Repeat
An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.
| Method | Percentage contribution |
|---|---|
| Final Exam | 100% |
Repeat Information
Repeat type: Internal & External