Please note! Course description is confirmed for two academic years (1.8.2018-31.7.2020), which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.
This course introduces the students to topics and methods in modern information economics at the graduate level. After taking this course, the students are familiar with the analytical techniques used in microeconomics and have the necessary skills for modeling interactions under incomplete information.
Schedule: 15.03.2021 - 10.05.2021
Teacher in charge (valid 01.08.2020-31.07.2022): Daniel Hauser
Teacher in charge (applies in this implementation): Daniel Hauser
Contact information for the course (applies in this implementation):
CEFR level (applies in this implementation):
Language of instruction and studies (valid 01.08.2020-31.07.2022):
Teaching language: English
Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Adverse selection and mechanism design.-Moral hazard and imperfect monitoring.-Dynamic models of incomplete information including signaling and cheap talk.-Selected applications, for example: auctions, bargaining, market microstructure, reputation formation.
Assessment Methods and Criteria
- Contact Teaching 24h
- Exercise sessions 8h
- Exam 2h
-Independent work 126h
Substitutes for Courses
Korvaan vanhan kurssin 31L30214
Advanced Microeconomics 3
SDG: Sustainable Development Goals
8 Decent Work and Economic Growth
- Teacher: Daniel Hauser