ECON9200B – Advanced Microeconomics
This course has joint teaching with ECON5200 – 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.
- 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.
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.
This course is offered to PhD candidates at the Department of Economics. Other candidates admitted to a PhD program may apply to take the course.
Recommended previous knowledge
- ECON3220 – Microeconomics 3 / ECON4220 – Microeconomics 3 or equivalent.
- Or the following discontinued courses: ECON3200 – Microeconomics and Game Theory (discontinued) / ECON4200 – Microeconomics and Game Theory (discontinued), ECON4215 – Microeconomics (discontinued), ECON4230 – Microeconomic Theory (discontinued) , ECON4235 – Microeconomic Theory (discontinued)
8 credits overlap with ECON5200/ECON9200
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.
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
Language of examination
The examination text is given in English, and you submit your response in English.
Grades are awarded on a pass/fail scale. Read more about the grading system.
Explanations and appeals
Resit an examination
If you are sick or have another valid reason for not attending the regular exam, we offer a postponed exam later in the same semester.
There are restrictions on resitting this exam. See further information about resitting an exam.
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.
The course is subject to continuous evaluation. At regular intervals we also ask students to participate in a more comprehensive evaluation.