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 316-402 Advanced Microeconomics

Credit Points

12.5

HECS Band

2

Coordinator

Dr C Hyde

Prerequisites

316-312 Macroeconomics and 316-313 Microeconomics.

Semester

2 (view timetable)

Contact

Three hours of lectures and seminars per week

Subject Description

This course provides students with an introduction to advanced topics and recent innovations in microeconomics. The content involves three core parts: advanced classical microeconomics, including general equilibrium analysis under both certainty and uncertainty, duality and advanced topics in welfare; decision-making under uncertainty, including search models, critiques of expected utility theory and recent advances in alternative theories of decision making under uncertainty; and game theory including both non-cooperative and cooperative game theory, relevant solution concepts and mechanism design.

Assessment

A 2-hour examination (60%); and class assignments of up to 3000 words (40%).



Search : Index : Faculty of Economics and Commerce : Economics
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Status:                   Official 2001
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Email Enquiries:          Course_Information@registrar.unimelb.edu.au