EC487
Advanced Microeconomics
This information is for the 2014/15 session.
Teacher responsible
Dr Erik Eyster 32L.4.29 and Prof Leonardo Felli 32L. 4.02
Availability
This course is compulsory on the MSc in Finance and Economics (Research). This course is available on the MSc in Applicable Mathematics, MSc in Econometrics and Mathematical Economics, MSc in Econometrics and Mathematical Economics (2 Year Programme), MSc in Economics and MSc in Economics (2 Year Programme). This course is available with permission as an outside option to students on other programmes where regulations permit.
Students on MSc Economics will need additional approval of lecturers.
Pre-requisites
Students must have completed Introductory Course in Mathematics and Statistics (EC400).
Course content
The aim of this course is to: (i) introduce and develop the analytical tools of graduate level Microeconomics with a special emphasis on mathematical models; (ii) provide the students with a firm grounding in classical Microeconomic Theory as well as its modern development. Topics include: Consumer theory, producer theory, general equilibrium, welfare, choice under uncertainty, game theory, oligopoly, economics of information, topics in mechanism design, topics in behavioural economics.
Teaching
20 hours of lectures and 8 hours of seminars in the MT. 20 hours of lectures and 10 hours of seminars in the LT. 2 hours of seminars in the ST.
Formative coursework
Problem sets will be discussed in class and one marked assignment will be given in MT and LT. There will also be mock examinations at the end of the MT and at the beginning of ST.
Indicative reading
The main texts are A Rubinstein Lecture Notes in Economic Theory, Princeton University Press and Mas-Colell, Whinston & Green, Microeconomic Theory, OUP. Other sources include: D M Kreps, Microeconomic Foundations I: Choice and Competitive Markets, Princeton University Press; Fudenberg and Tirole, Game Theory, MIT Press.
Assessment
Exam (100%, duration: 3 hours) in the main exam period.
Key facts
Department: Economics
Total students 2013/14: 43
Average class size 2013/14: 14
Controlled access 2013/14: Yes
Lecture capture used 2013/14: No
Value: One Unit
Course survey results
(2010/11 - 2012/13 combined)
1 = "best" score, 5 = "worst" scoreThe scores below are average responses.
Response rate: 81.7%
Question |
Average | ||||||
---|---|---|---|---|---|---|---|
Reading list (Q2.1) |
2.3 | ||||||
Materials (Q2.3) |
2.1 | ||||||
Course satisfied (Q2.4) |
2 | ||||||
Lectures (Q2.5) |
2.2 | ||||||
Integration (Q2.6) |
1.9 | ||||||
Contact (Q2.7) |
2.2 | ||||||
Feedback (Q2.8) |
2.5 | ||||||
Recommend (Q2.9) |
|