Course Schedule and Catalog

Department: Economics

Grade Mode: Standard Letter

Course Type: Lecture

Credit Hours: 5

Prerequisite(s): ECON 501 AND ECON 508

Description: MICROECONOMICS III ***** Social choice and preference aggregation; cardinal welfarism, bargaining: axiomatic and strategic models; cooperative games: core stability and coalition formation; Shapley value, cost and surplus sharing, mechanism design: dominant strategy, strategy-proof voting, fair division, and cost sharing; implementation in nash, strong, and bayesian equilibrium. ***** Prerequisites: ECON 501, 508.