The course will treat the subjects covered in Microeconomics 2(P) in greater depth.  This includes rationality, choice under uncertainty, the theory of the firm, and game theory.

In addition to the learning outcomes for the pass component of this course honours students will:

• use formal economic analysis to extend the intermediate microeconomics;
• use basic mathematics to formalise economic problems and interpret the economic intuition;
• be exposed to more advanced applications of economic analysis, including using game theory to understand outcomes where individuals and firms strategically interact;

The proposed assessment consists of one paper, one presentation, and a final exam.  There are also tutorial exercises which are not assessed.

Lectures and tutorials as for the pass course, together with an additional honours lecture and tutorial (2 hours) per week.

ECON1101 Microeconomics 1, and ECON1102 Macroeconomics 1 or ECON1100 Economics 1 (H)

Please refer to Course Website