Courses Bachelor Display 2017-2018
|Course Description||To PDF|
|Course title||Information, Markets and Organisations|
For more information: email@example.com
|Language of instruction||English|
Knowledge of the main issues in information economics; skills in analyzing these issues in economic models.
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.
The course is based on several textbooks on the microeconomic theory of uncertainty and information.
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||