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Unit of study_
ECOS3901: Advanced Microeconomics Honours
2024 unit information
ECOS3901 Advanced Microeconomics Hons is the second unit of study in the microeconomics sequence in the Advanced Economics Program. The unit develops understanding of modern applications of game theory. ECOS3901 builds on ECOS2901 and ECOS2903 and develops tools to solve static and dynamic games of incomplete information. The unit focuses on theory and applications of mechanism design to allocate scarce resources and create successful marketplaces. Applications include matching markets (student assignment, college admissions, organ exchange), bargaining/mediation, and many types of auctions, including simple auctions, online/keyword/financial auctions, and multi-item combinatorial auctions.
Unit details and rules
Managing faculty or University school:
Economics
| Code | ECOS3901 |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
|
Prerequisites:
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Minimum of ((65% in ECOS2901) or (75% in ECOS2001)) and minimum of 65% in (ECOS2903 or MATH2070 or MATH2970) |
|---|---|
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Corequisites:
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None |
| Prohibitions:
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None |
| Assumed knowledge:
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ECOS2903 or MATH2070 |
At the completion of this unit, you should be able to:
- LO1. demonstrate a sound understanding of the structure of game theory and its application to various market design settings.
- LO2. apply fundamental game-theoretic and microeconomic principles to diverse economic, social, political and business environments as well as to novel contexts.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
|
Semester 1 2024
|
Normal day | Camperdown/Darlington, Sydney | |
|
Semester 2 2024
|
Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
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Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
Important enrolment information
Additional advice
Students intending to proceed to Honours in Economics must also complete ECOS3902 and at least one of ECOS3903 or ECOS3904.
