Microeconomic Theory
| Code | School | Level | Credits | Semesters |
| ECON4015 | Economics | 4 | 15 | Autumn UK |
- Code
- ECON4015
- School
- Economics
- Level
- 4
- Credits
- 15
- Semesters
- Autumn UK
Summary
Modern techniques of microeconomic theory foundations and applications of game theory information economics.
Target Students
Available for PGT or PGR students on Economics degree programmes.
Classes
This module is delivered through a series of lectures and tutorials.
Assessment
- 100% Exam 1 (2-hour): Exam
Assessed by end of autumn semester
Educational Aims
To introduce students to the technical tools required for understanding and developing microeconomic models of behaviour of optimising individualsTo show how these tools facilitate the analysis of simple optimising models of choice and of the interaction of optimising individualsTo provide some practice, through exercises, in the application of these technical tools.Learning Outcomes
A. Knowledge and Understanding. Students should demonstrate:
A1. A broad knowledge of advanced core areas of economics, including economic concepts, principles and tools.
A2. An understanding of advanced theoretical methods (including graphical and mathematical representations of economic ideas).
B. Intellectual skills. Students should be able to:
B1. Model the essential features of complex economic systems.
B2. Use analysis, deduction and induction to solve economic problems.