Courses Bachelor Display 2017-2018

Course Description To PDF
Course title Information, Markets and Organisations
Course code EBC2108
ECTS credits 6,5
Assessement Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
5 16-4-2018 8-6-2018 X X
Level Advanced
Coordinator Stefan Terstiege
For more information: s.terstiege@maastrichtuniversity.nl
Language of instruction English
Goals
Knowledge of the main issues in information economics; skills in analyzing these issues in economic models.
Description
The course gives an introduction to the field “information economics”, which studies how asymmetry of information (e.g., about the quality of some good) affects markets and organizations. A common theme is that such asymmetry often leads to inefficiency. The course covers the main issues of the field, in particular adverse selection and moral hazard.
Literature
The course is based on several textbooks on the microeconomic theory of uncertainty and information.
Prerequisites
Analysis II (EBC1032), Microeconomics (EBC1012), Probability Theory (EBC1024), Game Theory and Economics (EBC2110).
Teaching methods PBL / Lecture / Assignment
Assessment methods Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Bachelor Economics and Business Economics Specialisation Economics and Management of Information QE Electives
Bachelor Econometrics and Operations Research Year 2 Compulsory Courses
Bachelor International Business QE electives
Bachelor Economics and Business Economics Specialisation Economics QE Electives
Bachelor Economics and Business Economics Specialisation Emerging Markets QE Electives
Bachelor Economics and Business Economics Specialisation International Business Economics QE Electives
SBE Exchange Bachelor Bachelor Exchange Courses
SBE Exchange Master Bachelor Exchange Courses
SBE Non Degree Courses Bachelor Courses