Â鶹´«Ã½

-


ES50094: Advanced economic theory

Academic Year: 2018/9
Owning Department/School: Department of Economics
Credits: 6      [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Masters UG & PG (FHEQ level 7)
Period:
Semester 2
Assessment Summary: EX 100%
Assessment Detail:
  • Exam (EX 100%)
Supplementary Assessment:
ES50094 - Reassessment (where allowed by programme regulations)
Requisites:
Description: Aims:
This unit aims to familiarise students with advanced tools in microeconomic theory and to enable students to apply these analytical tools to understand the mechanisms which generate economic data and the development and conduct of public policy. The appreciation of the analytical clarity will help the students to identify the important elements of the economic problems they are dealing with using the merited degree of complexity.

Learning Outcomes:
At the end of the unit students should:
* Be able to understand different ways of modelling microeconomic phenomena.
* Be able to understand the difference incentives faced by agents in a variety of situations.
* Be able to understand advanced economic theory papers and their applications.

Skills:
Ability to develop logically rigorous arguments.
Ability to use effectively mathematical and statistical techniques to construct and interpret economic models.
Ability to think critically on the suitability of economic models.

Content:
Evolutionary game theory
Mechanism design
Voting
Dynamic games. 		Before taking this module you must take ES50071
Programme availability:

ES50094 is Compulsory on the following programmes:

Department of Economics

ES50094 is Optional on the following programmes:

Department of Economics

Notes:

  • This unit catalogue is applicable for the 2018/19 academic year only. Students continuing their studies into 2019/20 and beyond should not assume that this unit will be available in future years in the format displayed here for 2018/19.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Undergraduates: .
  • Postgraduates: .