Microeconomics II (ECON 502)

2020 Spring
Faculty of Arts and Social Sciences
Economics(ECON)
3
10.00
Eren ─░nci ereninci@sabanciuniv.edu,
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English
Doctoral, Master
ECON501
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CONTENT

Choice under uncertainty; basic game theory; imperfect competition, strategic interaction, entry; adverse selection, signalling, screening, moral hazard; mechanism mechanism design; general equilibrium under uncertainty; axiomatic and coalitional bargaining, cooperative models.

OBJECTIVE

? Present the main ideas and models of some core topics in microeconomic theory, including game theory and contract theory.
? Introduce students with some advanced tools of microeconomic theory (especially game theory and contract theory) that will allow them to make the first step in carrying out their own research.

LEARNING OUTCOME

On completion of the module, students should be able to
a) demonstrate a broad (but not necessarily deep) knowledge of some core topics in microeconomic theory (especially game theory and contract theory),
b) set up and solve sound microeconomic models analyzing specific problems and ideas,
c) identify the standards to attend advanced specialized courses in each particular topic (especially specialized courses in game theory and contract theory)

RECOMENDED or REQUIRED READINGS

Readings

Mas-Colell, A., M. D. Whinston, and J. R. Green, Oxford, Microeconomic Theory, Oxford University Press, Oxford