Postgraduate Course: Models and Research Methods in Microeconomics (ECNM11061)
Course Outline
| School | School of Economics |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
| SCQF Credits | 10 |
ECTS Credits | 5 |
| Summary | This module, compulsory for all first year PGR students, is designed to introduce and cover in some depth a range of theoretical issues and techniques so as to broaden student's knowledge of microeconomics. The aim is to provide exposure to a wide variety of theoretical models and methods that may be used by graduate research students. It is not expected that any student would use more than one or two methods in their own research, and some may not use any of the methods covered, but awareness of the variety of economic research methods is viewed as an essential component of development as a graduate economist. |
| Course description |
The course is taught through a programme of interactive lectures. Learning-by-doing, through problem solving and discussion is an important ingredient of the course.
This module is designed to introduce and cover in some depth a range of theoretical issues and techniques so as to broaden student's knowledge of microeconomics. The aim is to provide exposure to a wide variety of theoretical models and methods that may be used by graduate research students. It is not expected that any student would use more than one or two methods in their own research, and some may not use any of the methods covered, but awareness of the variety of economic research methods is viewed as an essential component of development as a graduate economist.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | All first year PhD students in Economics will sit this course. External students must have the same qualifications as the PhD cohort namely a Distinction in coursework and dissertation from an MSc in analytical economics deemed equivalent to the MSc in Economics from Edinburgh. If pre-requisites are not met, students must seek permission of the course organiser. |
Course Delivery Information
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| Academic year 2018/19, Not available to visiting students (SS1)
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Quota: 10 |
| Course Start |
Semester 1 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
100
(
Lecture Hours 20,
Feedback/Feedforward Hours 2,
Summative Assessment Hours 2,
Programme Level Learning and Teaching Hours 2,
Directed Learning and Independent Learning Hours
74 )
|
| Assessment (Further Info) |
Written Exam
30 %,
Coursework
70 %,
Practical Exam
0 %
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| Feedback |
Continual feedback via class problems and group interaction in class. |
| No Exam Information |
Learning Outcomes
On completion of this course, the student will be able to:
- Identify and use the relevant optimisation technique necessary to solve the model at hand, specify and solve economic models containing stochastic processes.
- Understand and know when to apply the relevant equilibrium concepts in microeconomics, understand and be able to use the implications of convexity and concavity of a set or a function, understand and use in models, the various types of convergence.
- Identify and understand how the techniques in the course have been applied in seminal papers in the microeconomics literature.
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Reading List
| There is no single text that covers all aspects of this course at an appropriate level. A variety of advanced readings will be used, mainly from economics journals. |
Additional Information
| Graduate Attributes and Skills |
Not entered |
| Keywords | Not entered |
Contacts
| Course organiser | Ms Mariann Ollar
Tel:
Email: mollar@exseed.ed.ac.uk |
Course secretary | Dr Joe Stroud
Tel: (0131 6)51 5184
Email: Joe.Stroud@ed.ac.uk |
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