Skip to main content

Unit information: Intermediate Microeconomics in 2020/21

Unit name Intermediate Microeconomics
Unit code EFIM20033
Credit points 20
Level of study I/5
Teaching block(s) Teaching Block 4 (weeks 1-24)
Unit director Dr. De Magalhaes
Open unit status Not open
Pre-requisites

EFIM10025 Economics 1
EFIM10027 Economics 2

Co-requisites

None

School/department School of Economics
Faculty Faculty of Social Sciences and Law

Description

The course develops microeconomic theory at an intermediate level. It considers the impact of asymmetric information, adverse selection and moral hazard as well as uncertainty and strategic interaction including Bayesian games.

Intended learning outcomes

  1. Formalize an economic problem using the models presented and use the models to undertake analyses.
  2. Demonstrate a good understanding of a variety of static and dynamic games, and demonstrate an understanding of the importance of information and beliefs.
  3. Understand the implications of uncertainty and asymmetric information in a variety of economic settings

Teaching details

Teaching will be delivered through a combination of synchronous and asynchronous sessions such as online teaching for large and small group, face-to-face small group classes (where possible) and interactive learning activities

Assessment Details

Summative coursework (12.5%)

one x best 3 out of 6 problem sets (12.5%)

Online exam (75%)

Reading and References

J. Perloff, Microeconomics. Pearson.

R. Gibbons, A Primer in Game Theory, Prentice Hall.

F. Cowell, Microeconomics, Oxford University Press.

Game Theory an Introduction by Steven Tadelis; and Microeconomics: Competition, Conflict, & Coordination by Samuel Bowles & Simon Halliday.

Feedback