Developments in Advanced Microeconomics

Module code: ECON 3534

Module descriptions

The module will provide an examination of recent developments in Microeconomic theory and subsequent implications for the decision making of individuals, organisations and government intuitions. Controversies surrounding key elements of microeconomic theory will be discussed through the examination of contemporary economic debate, with explanations from a variety of microeconomic theoretical approaches. The co-evolution of individual preferences and the structure of markets; firms and other institutions will be examined using advances in game theory, contract theory, behavioural experiments and the modelling of dynamic processes.

Contact hours per student per year

• Lecture: 44 hours
• Tutorials: 22 hours

Assessments

• Individual essay (1500 words): 40%
• Exam (120 mins): 60%

Additional costs: No extra costs other than purchase of books