Advanced Microeconomic Theory

Pawel Dziewulski

The course will cover the following topics:

  • General equilibrium, trade models and welfare economics
  • Public goods and externalities
  • Introduction to Game theory
  • Introduction to Industrial Organization
  • Information Economics, Adverse Selection, Moral Hazard
  • Risk, expected utility theory
  • Applications of microeconomics

Intended Audience

This course is aimed at students with a basic knowledge of microeconomics, including consumer and producer theory, basic calculus and optimization.

Previous Knowledge

Participants should preferably have taken a basic first year class in microeconomics. Ideally, they should be familiar with the basic calculus, including maximisation of one-variable function (necessary and sufficient conditions).

Transferable Knowledge and Skills

Students will learn how economic theory can be applied to microeconomic and macroeconomic policy issues.