EC322-6-SP-CO:
Microeconomics (Advanced)

The details
2019/20
Economics
Colchester Campus
Spring
Undergraduate: Level 6
Current
Monday 13 January 2020
Friday 20 March 2020
15
20 September 2019

 

Requisites for this module
(EC115 or BE300) and EC202
(none)
(none)
(none)

 

(none)

Key module for

BA L100SK Economics,
BSC L101SK Economics

Module description

The course is also applied: it focuses on several important cases of strategic interaction, including auctions, interactions between rival firms, moral hazard and adverse selection. Referring to several papers and excerpts, students will learn to analyse and critically evaluate the process of model-building, as well as examining whether the empirical evidence (observational and experimental) supports the various predictions.

Module aims

This module aims to provide students with a rich background in the concepts and techniques of game theory.

Module learning outcomes

Upon completion of the course, students will be able to evaluation the impact of strategic considerations in the analysis of interactions among decision-makers. They will have learned how to apply game theory to issues in microeconomics. In so doing, students will have gained an appreciation of different solution concepts and the circumstances in which they are applied. In completing the tests, students will demonstrate their problem-solving analytical and deductive skills.

Module information

No additional information available.

Learning and teaching methods

One 2-hour lecture and class per week in one term.

Bibliography

  • Gibbons, Robert. (1992) A primer in game theory, London: Harvester Wheatsheaf.
  • Osborne, Martin J. (c2009) An introduction to game theory, New York: Oxford University Press.
  • Dutta, Prajit K. (c1999) Strategies and games: theory and practice, Cambridge, Mass: MIT Press.

The above list is indicative of the essential reading for the course. The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students. Further reading can be obtained from this module's reading list.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Weighting
Coursework Test - Monday 24th February 18:00
Exam 120 minutes during Summer (Main Period) (Main)

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
Lectures & classes: Professor Piero Gottardi
For further information, send an email message to ueco@essex.ac.uk.

 

Availability
Yes
Yes
No

External examiner

Dr Hui Pan
Coventry University
Senior Lecturer
Resources
Available via Moodle
Of 29 hours, 27 (93.1%) hours available to students:
2 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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