Courses Exchange Display 2017-2018

Course Description To PDF
Course title Microeconomics: Choices, Markets and Welfare
Course code EBC2010
ECTS credits 6,5
Assessement None
Period
Period Start End Mon Tue Wed Thu Fri
1 4-9-2017 27-10-2017 X/E L X/E
Level Intermediate
Coordinator Christian Seel
For more information: c.seel@maastrichtuniversity.nl
Language of instruction English
Goals
The objective of this course is to finish the coverage of standard microeconomics topics, and to make a step towards a more formal approach. In particular, you will see how simple mathematical models can be helpful in acquiring a deeper and more precise understanding of economic mechanisms and processes. The course provides a good basis for the discussion of more specialised topics later in your study.
The point of departure is the individual choice behaviour of market participants, the learning objective an analysis and assessment of the resulting market allocation under various circumstances.
Description
The course consists of a brief repetition, and then a deepening and extension of the microeconomic topics that have been discussed during the first year microeconomics course. The repetitive elements introduce a more analytical approach, substantiated by a number of formal exercises. New elements in the course are general equilibrium theory, basic game theory, industrial organisation, choice under uncertainty and issues of asymmetric information.
Literature
Textbook: Tadelis, Steven (2013), Game Theory: An Introduction, Princeton University Press.
Prerequisites
Knowledge and understanding of introductory microeconomics, comparable to course Microeconomics, which is based on the first half of Perloff J.M. (2004), Microeconomics, 3rd edition, Pearson, Addison Wesley, Boston.
Exchange students need to major in economics.
An advanced level of English
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 Free Electives
Bachelor Economics and Business Economics Specialisation Economics Compulsory Courses
Bachelor Economics and Business Economics Specialisation Emerging Markets Year 2 Core Courses
SBE Exchange Bachelor Bachelor Exchange Courses
SBE Exchange Master Bachelor Exchange Courses
SBE Non Degree Courses Bachelor Courses