Course Catalog - 2010-2011

     

ECON 508 - MICROECONOMIC THEORY II

Long Title: MICROECONOMIC THEORY II
Department: Economics
Grade Mode: Standard Letter
Course Type: Lecture
Credit Hours: 5
Prerequisite(s): ECON 501
Description: This course has two parts. The first part covers the basics of general equilibrium theory under complete and incomplete markets (existence, optimality, cooperative foundations, asset pricing). The second part in an introduction to non-cooperative game theory, which covers standard equilibrium concepts for static and dynamic games with perfect or imperfect information and their applications to signaling and adverse selection.