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ECON8021 Topics in Microeconomic Theory

ECON8021 is only available under certain award programs.

Offered By School of Economics
Academic Career Graduate Coursework
Course Subject Economics
Offered in Second Semester, 2010, First Semester, 2011, and Second Semester, 2011
Unit Value 6 units
Course Description

This course continues the discussion of microeconomic theory at the graduate level, as started in ECON8011 Microeconomic Theory A.  It will cover topics in microeconomic theory that extend beyond those covered in ECON8011.  Topics might include  an introduction to game theory, the economics of information, contract theory, and mechanism design. Students are expected to have the ability to follow rigorous abstract arguments, as used in the construction and analysis of mathematical models in economics. 

Learning Outcomes

This course continues the discussion of graduate level microeconomic theory, as started in ECON8011 - Microeconomic Theory A.

The first part of the course consists of an introduction to game theory, while the second part covers the economics of information, contract theory, and mechanism design.

Students are expected to have the ability to follow rigorous abstract arguments, as used in the construction and analysis of mathematical models in economics. While no prior knowledge of game theory is required, some familiarity with basic game theoretic concepts, such as Nash equilibrium and various game forms, will be helpful. Students who are interested in learning game theory, but who have not taken ECON8011 or any other introductory game theory course, should instead consider enrolling in ECON8053 - Strategic Thinking: An Introduction to Game Theory.

Indicative Assessment A mixture of regular Problem Sets, in-class presentations, a midterm exam and a final exam.
Workload 12 hours per week
Course Classification(s) AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs.
Areas of Interest Economics
Eligibility An honours degree in Economics with H2A or higher, or completion of a Graduate Diploma in Economics with an exit grade of Merit or better
Assumed Knowledge and
Required Skills
Some familiarity with basic game theoretic concepts, such as Nash equilibrium and various game forms, will be helpful.
Prescribed Texts

See Course website:  http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8021

Preliminary Reading

See Course website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8021

Indicative Reading List

See Course website:  http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8021

Programs Graduate Diploma in Economics, Graduate Diploma in Applied Economics, Graduate Diploma in Economic Policy, Master of Economics, Master of Applied Economics, and Master of Economic Policy
Other Information

For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8021

Academic Contact See http://teaching.fec.anu.edu.au/ECON8021/

The information published on the Study at ANU 2010 website applies to the 2010 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2009 website.

Updated:   13 Nov 2015 / Responsible Officer:   The Registrar / Page Contact:   Student Business Solutions