Department of Economics, Unit Catalogue 2010/11 |
ES50072: Economic theory & applications 2 |
 Credits:
| 6 |
| Level:
| Masters |
| Period: | This unit is available in... |
| Semester 2 |
| Assessment:
| EX100 |
| Supplementary Assessment: | Supplementary assessment information not currently available (this will be added shortly) |
| Requisites:
| Before taking this unit you must take ES50071 |
| Description:
| Aims: To provide understanding of recent developments in economic theory. To help students to achieve competence in the use of theoretical tools of economic analysis. To help students achieve critical understanding of recent research. Learning Outcomes: Students should be able to: * Demonstrate awareness and understanding of recent advances in micro and macro economics; * Apply advanced theoretical tools in a variety of applied settings; * Pursue post-graduate research and policy-oriented work. Skills: Ability to develop rigorous arguments. Ability to select, summarise and synthesise written information from multiple sources. Ability to select and use appropriate ideas to produce a coherent response to a question. Concise and effective written communication. Content: General Equilibrium, Game Theory (Static and Dynamic Games, Perfect and Imperfect Information Games), Bargaining and Auctions, Macroeconomic Analysis of Goods Labour and Financial Markets, Inter-temporal Aspects of Consumption and Investment, Unemployment Inflation and Expectations. |