Last modified: 25 Sep 2019 09:58
This course develops mathematical methods for analyzing economic decisions and equilibrium behaviour at an advanced undergraduate level. One of the goals is to help prepare students for postgraduate work in economics. A good understanding of the methods studied in EC2003 and EC3023 is essential, since the course builds on and extends the mathematical and analytical skills developed in these courses to examine in a more rigorous way several key areas in microeconomics such as individual consumer and firm choices, decision-making under uncertainty, and applications of game theory.
| Study Type | Undergraduate | Level | 4 |
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| Term | First Term | Credit Points | 30 credits (15 ECTS credits) |
| Campus | Aberdeen | Sustained Study | No |
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This course examines a number of important topics in microeconomics in greater depth than the microeconomics course at level two. In the first part of the course both the consumer's and producer's problem are examined using a number of analytical tools developed in EC 3001. The second part of the course considers market structure and general equilibrium theory in more detail. The third section focuses on the economics of uncertainty and game theory.
Information on contact teaching time is available from the course guide.
| Assessment Type | Summative | Weighting | 30 | |
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| Assessment Weeks | Feedback Weeks | |||
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Students take two in-class tests,the lecturer will mark them both and will consider the BEST grade of the two for the calculation of the continuous assessment grade (which will constitute 30% of the final grade). |
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| Assessment Type | Summative | Weighting | 70 | |
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There are no assessments for this course.
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