Module

Topics in Microeconomic Theory II

Module description

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
Module code:BEEM147
Module level:M
Academic year:2021/2
Module lecturers:
  • Mr Alejandro Robinson Cortes - Convenor
Module credit:15
ECTS value:

7.5

Pre-requisites:

BEEM137 & BEEM140

Co-requisites:

None

Duration of module: Duration (weeks) - term 2:

11

Module aims

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 ActivitiesGuided independent studyPlacement / study abroad
331170

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Scheduled Learning and Teaching33Lectures (3 per week)
Guided Independent Study117Reading, research, reflection; preparation for lectures; completion of assessments

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Practice ProblemsVaries1-6Verbal/Written

Summative assessment (% of credit)

CourseworkWritten examsPractical exams
45550

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Research Proposal303,000 words1-6Verbal/Written
3 Problem Sets305-10 Problems each1-6Verbal/Written
2 Presentations4030 min – 1 hour each1-6Verbal/Written

Details of re-assessment (where required by referral or deferral)

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Research Proposal (30%)Proposal (3,000 words, 30%)1-6August/September Reassessment Period
Problem Sets (30%)Problem set (10-15 problems, 30%)1-6August/September Reassessment Period
2 Presentations (40%)Presentation (1 hour, 40%)1-6August/September Reassessment Period

Syllabus plan

Object-allocation problems:

  • House allocation and housing markets
  • Kidney exchange
  • Random allocations

Two-sided matching:

  • 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

Module has an active ELE page?

Yes

Origin date

24/06/2019

Last revision date

15/03/2021