Last modified: 05 Aug 2021 13:04
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 |
|---|---|---|---|
| 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.
2x alternative assessments (50% each) comprising a mix of problem-set questions and short essay-style questions (500 words)
Alternative Resit Arrangements for students taking course in Academic Year 2020/21
Resit: An alternative assessment (100%) comprising a mix of problem-set and short-answer questions (500 words).
There are no assessments for this course.
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Factual | Remember | ILO’s for this course are available in the course guide. |
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