Advanced Microeconomics II continues Advanced Microeconomics I. It is an advanced course that teaches selected fundamental topics in microeconomics in more detail. The course starts with mechanism design, using a public goods game and auctions as primary examples. After introducing the Vickrey-Clarke-Groves mechanism we turn to second-best mechanisms and finally to market mechanisms.
1. public goods
2. the VCG mechanism
3. balanced budgets
4. second-best mechanisms
5. bilateral trade
6. Myerson-Satterthwaite theorem
7. competition
8. double auctions
9. markets
10. large public goods
11. auctions and profit maximization
12. competitive markets