Course overview
This course deepens critical thinking, reasoning, and mathematical problem-solving in key advanced methods and theories of contemporary microeconomics. Topics include the economic behaviour of individual units, in particular consumers and firms; expected utility and uncertainty; welfare economics; information economics; and auction theory.
- Consumer And Producer Theory
- Market Power And Information Economics
- Mechanism Design
Course learning outcomes
- Demonstrate proficiency in the mathematics of constrained optimisation to solve microeconomic problems
- Derive the central results about decision-making by consumers and firms from first principles
- Use proficiently the expected utility model to analyse economic problems
- Apply the fundamentals of welfare analysis
- Develop game theoretic modelling to analyse and solve problems involving strategic interactions and asymmetric information
Availability
Class details
Adelaide City Campus East
Class number 20529
Section WS01
Size 25
Available 25
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