This course is the second half of the Microeconomics series. It covers advanced topics in microeconomic theory, including: General equilibrium (exchange and production); Asymmetric Information (moral hazard and adverse selection), Externalities and Behavioral Economics.
Language of instruction
|Tuesday||10/12/21||06:00 PM - 08:00 PM||TC.5.15|
|Tuesday||10/19/21||06:00 PM - 08:00 PM||TC.5.15|
|Tuesday||11/02/21||06:00 PM - 08:00 PM||TC.5.15|
|Tuesday||11/09/21||06:00 PM - 08:00 PM||TC.5.15|
|Tuesday||11/16/21||06:00 PM - 08:00 PM||TC.3.05|
|Tuesday||11/30/21||06:00 PM - 08:00 PM||Online-Einheit|
|Tuesday||12/07/21||06:00 PM - 08:00 PM||Online-Einheit|
|Tuesday||12/14/21||06:00 PM - 08:00 PM||Online-Einheit|
|Tuesday||12/21/21||06:00 PM - 08:00 PM||Online-Einheit|
|Tuesday||01/11/22||06:00 PM - 08:00 PM||TC.5.15|
|Tuesday||01/18/22||06:00 PM - 08:00 PM||TC.5.15|
|Tuesday||01/25/22||06:00 PM - 08:00 PM||TC.5.15|
After completing this course, students will have gained the analytical and methodological skills to understand and address more advanced microeconomic questions and problems. They will understand: 1) how different markets interact with each other in general equilibrium models; 2) the several ways in which the violation of the perfect market assumption (i.e., market failures) affects market outcomes; 3) how uncertainty plays into the model of economic behavior.
Attendance is mandatory, max. 2 absences without valid excuse. Further absences must be excused by the administration. Students absent during an assessment will receive the lowest possible grade for the assessment.
Lecture, discussions, and analytical/quantitative exercises of course topics.
Mid term exam (35%), final exam (35%), exercises (20%) and participation (10%).
Author: Robert S. Pindyck, Daniel L. Rubinfeld
Edition: 9. edition
Content relevant for class examination: Yes
Recommendation: Reference literature
Office hours: by appointment. Room D4.1.070.
Building D4, 1st floor. (Note: the entrance to the department is located on the 2nd floor).
Tel: 01/31336 - 6291