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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: 13.03.2023 - 08.05.2023

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Daniel Hauser

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content

• valid for whole curriculum period:

  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 for whole curriculum period:

  Exam and assignments

Workload

• valid for whole curriculum period:

  - Contact Teaching 24h

  - Exercise sessions 8h

  - Exam 4h

  -Independent work 124h

DETAILS

Substitutes for Courses

• valid for whole curriculum period:

  Substitutes for Courses

Prerequisites

• valid for whole curriculum period:

  Prerequisites

SDG: Sustainable Development Goals

8 Decent Work and Economic Growth

FURTHER INFORMATION

Further Information

• valid for whole curriculum period:

  Helsinki GSE course. More information on the course in HSGE study guide: https://www.helsinkigse.fi/courses/
  Registration in Sisu.

  Teaching Language : English

  Teaching Period : 2022-2023 Spring IV
  2023-2024 Spring IV

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