This course is concerned with aspects of decision theory and the economics of individual and social choice and provides a thorough grounding in game theory. Topics covered may include: individual choice under certainty and under uncertainty; static and dynamic games with complete information and with incomplete information; introduction to social choice mechanisms and auction theory.

Upon a successful completion of this course, students will be able to:

• have a sound understanding of analytical models of decision theory, Choice theory and Game theory;
• formulate economic models and use mathematical methods to analyze Auctions,
• be able to read and interpret some important papers in economic theory.

End of semester examination together with regular problem sets and a mid-semester examination, and quizzes based on published papers in the field.

Two hours of lectures plus tutorials.

ECON2101/2111 Microeconomics 2 (P or H) and ECON2102/2112 Macroeconomics 2 (P or H).

Please refer to Course Website