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Course content

This course has joint teaching with ECON9200B – Advanced Microeconomics

This is an advanced course in microeconomic theory. The course covers the main topics of microeconomics from consumer and producer behavior, partial and general equilibrium, behavior under uncertainty, game theory and asymmetric information.


  • Preferences, choice and demand.
  • Production.
  • Partial equilibrium.
  • Expected utility.
  • Static games.
  • Dynamic games and beliefs.
  • Market power and product differentiation.
  • Adverse selection, signaling and screening.
  • Principal agent problems.
  • General equilibrium and welfare.
  • Existence and uniqueness of equilibrium.
  • General equilibrium under ucertainty.
  • Intertemporal equilibrium.

Learning outcome

Knowledge outcomes

You will learn the fundamental methods and theories of microeconomics, and be provided with the basic tools and concepts required to understand scientific papers at the research frontier of microeconomic theory. The course cannot bring you to the frontier of all topics within microeconomic theory, but will give you sufficient knowledge to read papers on the frontier and thus be able to acquire knowledge of the frontier of most areas in microeconomics.


The student should be able to read and understand scientific papers representing the research frontier of microeconomic theory.


Students admitted to study programmes at UiO must each semester register which courses and exams they wish to sign up for in Studentweb.

Students not admitted to the Master’s programme in Economics or the Master’s programme in Economic Theory and Econometrics (Samfunnsøkonomisk analyse), can apply for admission to one of our study programmes, or apply for guest student status.


Formal prerequisite knowledge

Recommended previous knowledge

Overlapping courses

For PhD-candidates: 2,5 credits against ECON9210A and 2,5 credits against ECON9210B



Access to teaching

A student who has completed compulsory instruction and coursework and has had these approved, is not entitled to repeat that instruction and coursework. A student who has been admitted to a course, but who has not completed compulsory instruction and coursework or had these approved, is entitled to repeat that instruction and coursework, depending on available capacity.


Students will be evaluated by means of portfolio assessment, based on an assignment that will be given towards the end of the course.

Previous exams

Exam papers with comments from examiner

Submit assignments in Inspera

You submit your assignment in the digital examination system Inspera. Read about how to submit your assignment.

Use of sources and citation

You should familiarize yourself with the rules that apply to the use of sources and citations. If you violate the rules, you may be suspected of cheating/attempted cheating.

Language of examination

The examination text is given in English, and you submit your response in English.

Grading scale

Students on masters level are awarded on a descending scale using alphabetic grades from A to E for passes and F for fail. Students who would like to have the course approved as part of the requirement for admission to our phd-program, must obtain the grade C or better. Students who would like to have the course approved as a part of our phd-program, must obtain the grade B or better. Students on phd-level are awarded either a passing or failing grade. The pass/fail scale is applied as a separate scale with only two possible results.

Explanations and appeals

Resit an examination

Special examination arrangements

Application form, deadline and requirements for special examination arrangements.


The course is subject to continuous evaluation. At regular intervals we also ask students to participate in a more comprehensive evaluation.


This course prepares for the Ph.D. program. It provides a head start for last-year master students who intend to continue with a Ph.D.

Facts about this course






Every autumn


Every autumn

Teaching language