Educational guide Faculty of Economics and Business |
english |
Graduate in Finances and Accounting |
Subjects |
MICROECONOMY |
Contents |
IDENTIFYING DATA | 2013_14 |
Subject | MICROECONOMY | Code | 16204103 | |||||
Study programme |
|
Cycle | 1st | |||||
Descriptors | Credits | Type | Year | Period | ||||
6 | Compulsory | Second | First |
Competences | Learning outcomes | Contents |
Planning | Methodologies | Personalized attention |
Assessment | Sources of information | Recommendations |
Topic | Sub-topic |
Part I: GAME THEORY | |
Unit 1. Static games |
1.1 Normal-form game 1.2 Rationality and information 1.3 Solutions of static games |
Unit 2. Dynamic games |
2.1 Extensive-form games 2.2 Solutions of dynamic games 2.3 Repeated games |
Part II: MARKETS AND MARKET STRUCTURES | |
Unit 3. Monopoly | 3.1 Concept and causes of monopoly 3.2 Monopoly profit maximization 3.3 Comparing monopoly and perfect competition: Welfare cost of monopoly 3.4 Price discrimination 3.5 Natural monopoly |
Unit 4. Oligopoly | 4.1 Cournot model of duopoly 4.2 Collusion 4.3 Cartel stability 4.4 Stackelberg model of duopoly 4.5 Entry barriers 4.6 Bertrand model of duopoly |
Part III: DECISION THEORY UNDER UNCERTAINTY AND ASYMMETRIC INFORMATION | |
Unit 5. Choice under uncertainty | 5.1 Expected utility theory 5.2 Risk aversion 5.3 Applications |
Unit 6. Asymmetric information |
6.1 Moral hazard 6.2 Adverse selection 6.3 Signaling 6.4 Principal-agent problem |