Topics in Microeconomic Theory II
This is a topics course in advanced microeconomic theory. The course will cover topics in advanced microeconomics with emphasis on fundamentals, existing theoretical tools, constructing new theory for empirical analysis and applications to recent theoretical advances.
Full module specification
|Module title:||Topics in Microeconomic Theory II|
BEEM137 & BEEM140. Only available to students on the MRes Economics and MRES Economics (PHD Pathway) programmes.
|Duration of module:||
Duration (weeks) - term 2: |
The module explores burgeoning areas of modern microeconomics, with the aim of enabling students to write independent research in microeconomics at the research frontier.
ILO: Module-specific skills
- 1. Provide technical analysis and address complex questions at the frontier of microeconomic research.
- 2. Understand economic problems, provide mathematical representation and solution to the problem
ILO: Discipline-specific skills
- 3. demonstrate self-direction and originality in tackling and solving microeconomics problems.
- 4. advance their knowledge and understanding, and to develop new skills to a high level.
ILO: Personal and key skills
- 5. identify, tackle and solve relevant research problems
- 6. work independently and responsibly on complex research problems.
Learning activities and teaching methods (given in hours of study time)
|Scheduled Learning and Teaching Activities||Guided independent study||Placement / study abroad|
Details of learning activities and teaching methods
|Category||Hours of study time||Description|
|Scheduled Learning and Teaching||33||Lectures (3 per week)|
|Guided Independent Study||117||Reading, research, reflection; preparation for lectures; completion of assessments|
|Form of assessment||Size of the assessment (eg length / duration)||ILOs assessed||Feedback method|
Summative assessment (% of credit)
|Coursework||Written exams||Practical exams|
Details of summative assessment
|Form of assessment||% of credit||Size of the assessment (eg length / duration)||ILOs assessed||Feedback method|
|Research Proposal||30||3,000 words||1-6||Verbal/Written|
|3 Problem Sets||30||5-10 Problems each||1-6||Verbal/Written|
|2 Presentations||40||30 min 1 hour each||1-6||Verbal/Written|
Details of re-assessment (where required by referral or deferral)
|Original form of assessment||Form of re-assessment||ILOs re-assessed||Timescale for re-assessment|
|Research Proposal (30%)||Proposal (3,000 words, 30%)||1-6||August/September Reassessment Period|
|Problem Sets (30%)||Problem set (10-15 problems, 30%)||1-6||August/September Reassessment Period|
|2 Presentations (40%)||Presentation (1 hour, 40%)||1-6||August/September Reassessment Period|
- House allocation and housing markets
- Kidney exchange
- Random allocations
- Marriage market
- The medical match
- School choice
Indicative learning resources - Basic reading
Haeringer, G., Market Design MIT Press 2018.
Roth, A. E. and Sotomayor, M. A., Two-Sided Matching: A Study in Game-Theoretic Modeling and Analysis. Econometric Society Monographs. Cambridge University Press 1990
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Last revision date