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 applications of 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. 

Upon a successful completion of this course, students should be able to:
• Understand theoretical models that economists typically use; models that form the basis of current research in advanced microeconomics;
• Explain and understand the associated empirical implications and policy issues where applicable;
• Evaluate the contribution of some recently created knowledge in microeconomics;
• Synthesize some of the recently created knowledge in microeconomics;
• Be ready to identify a research topic and undertake an independent research.

A mixture of regular Problem Sets, in-class presentations, a midterm exam and a final exam.

12 hours per week

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

Some familiarity with basic game theoretic concepts, such as Nash equilibrium and various game forms, will be helpful.

Please see Course Website