Overview
The first part of the course deals with individual decision making and basic game theory. Fundamental topics covered include utility maximisation, expenditure minimisation, duality, welfare changes, and decision making under uncertainty. Producer theory and market equilibrium may also be discussed, along with an introduction to basic game theory which is … For more content click the Read More button below.
The second part of the course builds on the first by exploring economic environments with asymmetric information (asymmetric information, signalling and screening), as well as other topics in contract theory such as principal-agent problems and incomplete contracts.
Conditions for Enrolment
Pre-requisite: ECON6004 OR (co-requisite: ECON6004 and in program 8412)
Equivalent Courses
Course Outline
To access course outline please visit below link (Please note that access to UNSW Canberra course outlines requires VPN):
Fees
Type | Amount |
---|---|
Commonwealth Supported Students (if applicable) | $1395 |
Domestic Students | $4410 |
International Students | $6030 |
Pre-2019 Handbook Editions
Access past handbook editions (2018 and prior)