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ES30025: Advanced microeconomics

Follow this link for further information on academic years Academic Year: 2019/0
Further information on owning departmentsOwning Department/School: Department of Economics
Further information on credits Credits: 6      [equivalent to 12 CATS credits]
Further information on notional study hours Notional Study Hours: 120
Further information on unit levels Level: Honours (FHEQ level 6)
Further information on teaching periods Period:
Semester 2
Further information on unit assessment Assessment Summary: CW 20%, EX 80%
Further information on unit assessment Assessment Detail:
  • Coursework (CW 20%)
  • Examination (EX 80%)
Further information on supplementary assessment Supplementary Assessment:
ES30025 - Resit Exam (where allowed by programme regulations)
Further information on requisites Requisites: Before taking this module you must take ES20011 AND take ES20012
Further information on descriptions Description: Aims:
To build on intermediate microeconomics and to introduce some of the theory that underlies much of the more recent academic research.

Learning Outcomes:
On completion students will have acquired an:
* understanding of the scope of modern microeconomics and its applications;
* ability to read and understand current literature in microeconomics;
* ability to use advance microeconomics concepts in analysing specific issues.

Skills:
The following are facilitated and assessed: abstract reasoning; information synthesis; diagrammatic skills; writing skills; numeracy skills.

Content:
The unit builds on key tools and concepts covered in Intermediate Microeconomics. It extends the analysis in three different directions. The first set of topics examines how market outcomes are affected when agents lack full information. Some of the key topics in the economics of information like screening and signalling will be covered. The second set revisits the theories of the firm to examine the internal structure of the firm and the nature of the firm-market boundaries. The third set introduces various non-price mechanisms like matching and bargaining.
Further information on programme availabilityProgramme availability:

ES30025 is Compulsory on the following programmes:

Department of Economics
  • UHES-AFB03 : BSc(Hons) Economics (Year 3)
  • UHES-AAB03 : BSc(Hons) Economics with Study year abroad (Year 4)
  • UHES-AKB03 : BSc(Hons) Economics with Year long work placement (Year 4)
  • UHES-AFB04 : BSc(Hons) Economics and Mathematics (Year 3)
  • UHES-AAB04 : BSc(Hons) Economics and Mathematics with Study year abroad (Year 4)
  • UHES-AKB04 : BSc(Hons) Economics and Mathematics with Year long work placement (Year 4)
  • UHES-ACB04 : BSc(Hons) Economics and Mathematics with Combined Placement and Study Abroad (Year 4)
  • UHES-ACB03 : BSc(Hons) Economics with Combined Placement and Study Abroad (Year 4)

ES30025 is Optional on the following programmes:

Department of Economics
  • UHES-AFB01 : BSc(Hons) Economics and Politics (Year 3)
  • UHES-AAB01 : BSc(Hons) Economics and Politics with Study year abroad (Year 4)
  • UHES-AKB01 : BSc(Hons) Economics and Politics with Year long work placement (Year 4)
  • UHES-ACB01 : BSc(Hons) Economics and Politics with Combined Placement and Study Abroad (Year 4)
School of Management
  • UMMN-AFB02 : BSc(Hons) Accounting and Finance (Year 3)
  • UMMN-AKB02 : BSc(Hons) Accounting and Finance with Year long work placement (Year 4)

Notes: