Training programme

Advanced Microeconomics - 6 ECTS

The course consists out of three parts: 1. Microeconomics (focus on producer theory and general equilibrium). 2. Game Theory (focus on games in strategic form and games in extensive form). 3. Information Economics (focus on expected utility theory and asymmetric information). Lectures cover selected parts from the text book. In each part of the course there will be special attention to a practical application: 1. Biofuels. 2. Location. 3. Insurance markets.

Organised by Wageningen School of Social Sciences (WASS)
Date

Mon 2 September 2019 until Thu 10 October 2019

Venue Forum, building number 102
Droevendaalsesteeg 2
102
6708 PB Wageningen
0317–482160

Learning outcomes

After successful completion of this course students are expected to be able to:

1.       Explain important concepts in micro-economic theory;   

2.       Design and solve micro-economic models for various real-world problems.

3.       Address a microeconomic research question by structuring it as a mathematical model.

4.       Assess the assumptions made in micro-economic literature that applies microeconomics, game theory and information economics.

Activities:

Lectures, tutorials, assignments.

Examination:

- group or individual assignments (30%);
- written exam with open questions (70%).

Literature:

Advanced Microeconomic Theory, G. Jehle and P. Reny, Addison Wesley, 2011. 

More information

Study Handbook