AØKA08085U Advanced Microeconomics
Volume 2013/2014
Education
MSc in Economics
Content
The
course in Advanced Microeconomics aims to provide the student with
solid knowledge about microeconomics. The student is presented to
general equilibrium theory and applications at an advanced level.
Modelling of consumers and firms, existence of equilibria and
properties of equilibria are basic issues. The applications may
include financial markets and dynamic economics.
As an advanced course in microeconomics, the student sees how formal theory may be used to study basic economic issues and how assumptions influence the outcome of the analysis. While the scope of the course is mainly theoretical, it is related to practical issues as the theory provides a starting point for analysis of markets. The course therefore offers the student a good foundation for analytical positions in various organizations.
As an advanced course in microeconomics, the student sees how formal theory may be used to study basic economic issues and how assumptions influence the outcome of the analysis. While the scope of the course is mainly theoretical, it is related to practical issues as the theory provides a starting point for analysis of markets. The course therefore offers the student a good foundation for analytical positions in various organizations.
Learning Outcome
At the end of the
course, the student will be able to formalize and analyze different
market structures. For successful completion of the course, the
student should demonstrate a reasonable insight into general
equilibrium theory and be able to use presented material to analyze
relevant problems. The very good student should demonstrate a deep
understanding of general equilibrium and should be able to connect,
combine or adapt general ideas and concepts to other market
structures.
Literature
Mas-Colell A., Whinston M.D
and Green J.R, "Microeconomic Theory", Oxford University
Press 1995 ,ch 1-5 and ch 15-17
Borglin, A. "Economic Dynamics and General Equilibrium" , 2004, Springer Verlag, ch 1-4.
Teaching and learning methods
4 hours of lectures and 2
hours of classes per week for 7 weeks.
Workload
- Category
- Hours
- Class Exercises
- 14
- Exam
- 3
- Lectures
- 28
- Preparation
- 161
- Total
- 206
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Exam (Written)
- Credit
- 7,5 ECTS
- Type of assessment
- Written examination, 3 hours under invigilation3 hours written exam taking place at Peter Bangs Vej 36.
- Aid
- Without aids
- Marking scale
- 7-point grading scale
- Censorship form
- External censorship
100 % censurship
- Exam period
- Will be updated before the start of the semester
- Re-exam
- Same as ordinary. But if only a few students have registered for the re-exam, the exam might change to an oral exams with a synopsis to be handed in. This means that the examination date also will change.
Criteria for exam assesment
The Student must in a satisfactory way demonstrate that he/she
has mastered the learning outcome of the
course.
Course information
- Language
- English
- Course code
- AØKA08085U
- Credit
- 7,5 ECTS
- Level
- Full Degree Master
- Duration
- 1 semester
- Placement
- Autumn
- Schedule
- Autumn (week 36-50)
- Course capacity
- No limits
- Continuing and further education
- Price
- 320 DKK per ECTS
- Study board
- Department of Economics, Study Council
Contracting department
- Department of Economics
Course responsibles
- Anders Borglin (20-647167687576316a72756471316572756a6f6c714368667271316e7831676e)
Lecturers
Edward Webb
Saved on the
15-08-2013