Advanced Microeconomic Analysis - ECON4100
Faculty: UNSW Business School
School: School of Economics
Course Outline: ECON4100 Course Outline
Campus: Sydney
Career: Undergraduate
Units of Credit: 6
EFTSL: 0.12500 (more info)
Indicative Contact Hours per Week: 3
Enrolment Requirements:
Admission to Economics Honours (program 4502 or stream ECONFH4501)
Excluded: ECON5300
CSS Contribution Charge: 3 (more info)
Tuition Fee: See Tuition Fee Schedule
Further Information: See Class Timetable
Description
The first part of the course deals with individual decision making, covering fundamental topics such as utility maximization, expenditure minimization, duality, welfare changes, and decision making under uncertainty.
The second part of the course builds on the first by exploring economic environments with asymmetric information (asymmetric information, signalling and screening), as well as other topics in contract theory such as principal-agent problems.
The second part of the course builds on the first by exploring economic environments with asymmetric information (asymmetric information, signalling and screening), as well as other topics in contract theory such as principal-agent problems.