EC992-7-SP-CO:
Advanced Microeconomics

The details
2024/25
Economics
Colchester Campus
Spring
Postgraduate: Level 7
Current
Monday 13 January 2025
Friday 21 March 2025
20
21 August 2024

 

Requisites for this module
(none)
(none)
EC403
(none)

 

(none)

Key module for

MRESL10012 Economics,
MRESL100EB Economics,
MRESL100EK Economics,
MRESL100KE Economics,
MPHDL10048 Economics,
PHD L10048 Economics

Module description

This module covers topics in decision theory, game theory, and contract theory with an emphasis on mathematical formalism. The module will introduces the basic mathematical framework and methods that are relevant to research in these topics.

Module aims

The aims of this module are:



  1. To introduce students to the mathematical formalism involved in understanding research in economic theory.

  2. To introduce students to the topics of decision theory, game theory, and contract theory at the level of the postgraduate textbooks listed in the bibliography.

Module learning outcomes

By the end of this module, students will be expected to be able to:



  1. Understand the basic mathematical frameworks and methods used in theoretical economics analysis, particularly the topics of decision theory, game theory, and contract theory.

  2. Understand, develop, and solve problems in the basic mathematical frameworks relevant for these topics.

Module information

This module builds on MRes Microeconomics, MRes Macroeconomics, MRes Econometrics, and Mathematical Methods. Students who wish to take this module without the four modules indicated above should contact the module instructor.


The assignments for this module aim to help develop students understanding of the mathematical frameworks and methods used in the above noted topics. The test and exam for this module aims to assess the students understanding of these issues through solutions of problems.

Learning and teaching methods

This module will be delivered via:

  • Lectures.
  • Classes.

Lectures will cover key points and concepts relevant for understanding the topics of this module.

Feedback for this module will occur through:

  • Class meetings where we will go over the answers to problem sets and where you will be able to ask questions about your own method of solution.
  • Answers that will be posted on the website for the module that will give you written guidance and feedback on the appropriate method to approach the problems, assignments.
  • Tests.
  • Academic support hours where additional questions can be addressed and further feedback obtained.

Students should make sure that they use these methods and resources to understand how to improve their own performance.

Bibliography

This module does not appear to have a published bibliography for this year.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting
Exam  Main exam: In-Person, Open Book, 120 minutes during Summer (Main Period) 
Exam  Reassessment Main exam: In-Person, Open Book, 120 minutes during September (Reassessment Period) 

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Whichever is the Greater: EITHER 50 per cent Coursework Mark, 50 per cent Exam Mark OR 100 per cent Exam Mark IF Coursework Mark is a pass or better

Reassessment

Whichever is the Greater: EITHER 50 per cent Coursework Mark, 50 per cent Exam Mark OR 100 per cent Exam Mark IF Coursework Mark is a pass or better

Module supervisor and teaching staff
Mr Lucas Siga, email: lucas.siga@essex.ac.uk.
Lectures & Classes: Mr. Lucas Siga
For further information, send an email message to pgteco@essex.ac.uk.

 

Availability
Yes
No
No

External examiner

Dr Domenico Moro
university of Birmingham
Lecturer
Resources
Available via Moodle
Of 292 hours, 40 (13.7%) hours available to students:
252 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).

 

Further information
Economics

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