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ECON-S431

Graduate microeconomics II

année académique
2024-2025

Titulaire(s) du cours

Luca Paolo Merlino (Coordonnateur)

Crédits ECTS

5

Langue(s) d'enseignement

anglais

Contenu du cours

We will analyze environments in which some of the main assumptions underlying the two welfare theorems of general equilibrium are not satisfied: mainly information asymmetries and externalities. The purpose is to introduce and apply concepts or tools from information economics, decision under uncertainty, contract theory, network economies and mechanism.

Objectifs (et/ou acquis d'apprentissages spécifiques)

At the end of the course, the students will be able to :

  • Chose the appropriate tools to engage in applied or more fundamental work in microeconomics and its applications.

  • Analyze environments in which some of the main assumptions underlying

  • Understand by modeling an issue what would be the effects

Méthodes d'enseignement et activités d'apprentissages

Lectures, problem sets. There will be also invited speakers.

Références, bibliographie et lectures recommandées

[M] MasColell, Andreu, Whinston, Michael and Green, Jerry (1995). Microeconomic Theory, Oxford University Press.
[F] Fudenberg, Drew and Tirole, Jean (1993) Game Theory, MIT Press.
[L] Laffont, Jean-Jacques (1995). The Economics of Uncertainty and Information, The MIT Press.
[H] Harris, Milton (1987). Dynamic Economic Analysis, Oxford University Press.
[J] Jackson, M. O. (2008). Social and economic networks (Vol. 3). Princeton: Princeton university press.

Support(s) de cours

  • Université virtuelle
  • Syllabus

Contribution au profil d'enseignement

The course contributes to the developments of the following skills :

  • Comprehensively assess potential solutions using economic, financial and other criteria as relevant to the situation at hand.

  • Solve complex problems arising in economic, financial and public policy contexts to transfer knowledge in realistic solutions to operationalize solutions.

Autres renseignements

Contacts

luca.paolo.merlino@ulb.be

Campus

Solbosch

Evaluation

Méthode(s) d'évaluation

  • Autre

Autre

final written exam and possibly, continuous assessments

Construction de la note (en ce compris, la pondération des notes partielles)

Depending on the availability either:
1) Final written exam : 80%
2) Continuous assessments : 20%
or:
1) Final written exam : 100%

Langue(s) d'évaluation

  • anglais

Programmes