EC553      Half Unit
Microeconomic Theory for Research Students I

This information is for the 2024/25 session.

Teacher responsible

Dr Matthew Levy SAL.3.21 and Dr Francesco Nava SAL.3.20

Availability

This course is available on the MRes/PhD in Economics and MRes/PhD in Economics and Management. This course is not available as an outside option.

Pre-requisites

Students must have completed Microeconomics for MRes students (EC441).

Course content

The objective of this course is to provide students with a graduate level introduction to advanced topics and contemporary developments in Microeconomic Theory on the research frontier.

Topics may include:

  • Behavioural economics: reference-dependent preferences, anticipatory utility and self-control
  • Coasian dynamics: classical Coasian results and remedies, differentiated durable goods and competition.

Additional topics are explored in Microeconomics for Research Students II in the Winter Term. The two half unit courses are designed to complement each other.

Teaching

30 hours of lectures in the AT. 

This course is delivered through lectures totalling a minimum of 30 hours in Autumn Term. Attendance is compulsory.

Formative coursework

Students will discuss papers in lectures.

Indicative reading

Osborne M, and Rubinstein A, A Course in Game Theory, MIT Press, 1994. Fudenberg D, and Tirole J, Game Theory, MIT Press, 1991

Readings will be mainly from journal articles; a list will be supplied at the start of each section.

Assessment

Essay (50%) and essay (50%) in the AT.

Key facts

Department: Economics

Total students 2023/24: Unavailable

Average class size 2023/24: Unavailable

Value: Half Unit

Guidelines for interpreting course guide information

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