EC9D3: Microeconomics B
Ben Lockwood
Module Leader-
Ben Lockwood
Module Lecturer 
Ilan Kremer
Module Lecturer
Introduction
EC9D3-30 Microeconomics B
Principal Aims
To enable students to acquire a rigorous understanding of key microeconomic principles, covering some of the most important topics, concepts and methods used in modern microeconomic analysis, along with relevant evidence and applications.
Principal Learning Outcomes
Subject Knowledge and Understanding:...demonstrate a rigorous understanding of the mathematical foundations of microeconomic analysis.
Subject Knowledge and Understanding:...demonstrate a rigorous understanding of applications of microeconomic theory.
Subject Knowledge and Understanding:...demonstrate a rigorous understanding of microeconomic concepts in the areas of game theory, information economics and choice under uncertainty.
Syllabus
The syllabus may cover, but is not limited to, the following areas:
Consumer theory, producer theory, general equilibrium, equilibrium over time and under uncertainty, social choice, game theory, incomplete information, extensive games and mechanism design.
Context
- Optional Core Module
- C8P8 - Year 1, L1P6 - Year 1, L1P7 - Year 1
- Optional Module
- G30B - Year 4
- Pre or Co-requisites
- The module demands a deep understanding of core undergraduate microeconomic principles, and a good understanding of mathematical methods such as constrained optimisation.
Assessment
- Assessment Method
- Coursework (10%) + Centrally-timetabled examination (On-campus) (90%)
- Coursework Details
- Centrally-timetabled examination (On-campus) (90%) , Test 1 Micro B (5%) , Test 2 Micro B (5%)
- Exam Timing
- January
Subject Specific Skills
- Applied Economics
- Economic Information
- Economic Principles
- Research and Debate
- Abstraction
- Analysis of Incentives
- Analysis of Optimisation
- Analytical Reasoning
- Analytical thinking and communication
- Concepts of Simultaneity and Endogeneity
- Creative Thinking
- Critical Thinking
- Policy Evaluation
- Problem Solving
- Strategic Thinking
- Understanding of Uncertainty and Incomplete Information
Transferable Skills
- IT skills
- Numeracy and Quantitative Skills
- Information Technology
- Mathematical, statistical, data-based research skills
- Oral Communication
- Written Communication