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.

LEARNING OUTCOMES

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.

Credits: 5

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

Content
  • Valid 01.08.2020-31.07.2022:

    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
  • Valid 01.08.2020-31.07.2022:

    100% Exam

Workload
  • Valid 01.08.2020-31.07.2022:

    - Contact Teaching 24h

    - Exercise sessions 8h

    - Exam 2h

    -Independent work 126h

DETAILS

Substitutes for Courses
  • Valid 01.08.2020-31.07.2022:

    Korvaan vanhan kurssin 31L30214

Prerequisites
  • Valid 01.08.2020-31.07.2022:

    Advanced Microeconomics 3

SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth

FURTHER INFORMATION

Description

Registration and further information