Postgraduate Coursework Units of Study

ECON6901 - Microeconomics Analysis 2

Semester 2, 2011  |  Credit Points: 6

Coordinator: Murali Krishna Agastya

Description

The main focus of this unit is strategic interaction among economic agents with particular attention to problems involving incomplete information. The topics covered are at the heart of modern microeconomics. The central tool of analysis is game theory and the unit generally covers non-cooperative games of complete and incomplete information and cooperative games. Many applications to economic problems are discussed. Although the particular applications presented may vary from year to year, typical examples are: auctions; bargaining; oligopoly; hidden information; signalling; hidden action; coalitions and the core; Shapley value; social choice; and mechanism design.

Assessments

Mid-semester exam (40%); Tutorial assignments (10%), Final exam (50%)

Classes

1x 3hr seminar per week

Prerequisites

ECON6001 with a Distinction grade.

Additional Information

Students must seek written permission from the Chair of the Discipline of Economics to enrol in this unit.

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