This course is discontinued

ECON4210 – Decisions, markets and incentives

Schedule, syllabus and examination date

Choose semester

Course content

Topics include:

  • Decisions under uncertainty and asymmetric information - theory and applications.
  • Applied game theory, with emphasis on strategic interaction in markets with imperfect competition

Learning outcome

To give the students ability to understand and explain how uncertainty and asymmetric information affects an agent's decision . Students should also be able to analyse simple problems. The course will also give knowledge about central concepts in game theory, such as Nash equilibrium, and train the students in solving simple games themselves. In particular, the students will learn to solve problems from markets with strategic interaction, be able to find the equilibrium in such markets and derive the changes that follows from exogenous changes


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Formal prerequisite knowledge

Bachelor’s degree in Economics, or equivalent. ECON2200 – Matematikk 1/Mikro 1 (MM1) (discontinued)

Recommended previous knowledge

Overlapping courses


Lectures: 2 hours per week throughout the semester.

Seminars: 2 hours per week through parts of the semester.

At least two times during the semester the students will use the lectures and the seminars for solving problems in groups with the teacher present.


A 3-hour written school exam.

Examination support material

No examination support material is allowed.

Language of examination

The problem set will be given in English. Answers can be given in Norwegian, Swedish, Danish or in English. See § 5.4 in Regulations governing studies and examinations at the University of Oslo.

Grading scale

Grades are awarded on a scale from A to F, where A is the best grade and F is a fail. Read more about the grading system.

Explanations and appeals

Resit an examination

Students who might wish to retake the exam later, are not guaranteed that the course is ever repeated with a similar reading list, nor that the exam arrangement will be the same.

Withdrawal from an examination

It is possible to take the exam up to 3 times. If you withdraw from the exam after the deadline or during the exam, this will be counted as an examination attempt.

Special examination arrangements

Application form, deadline and requirements for special examination arrangements.

Facts about this course






Note that, in effect from 2008, this course will no longer be taught.


Autumn 2008 and Spring 2009

Teaching language