Postgraduate Course: Microeconomics 2 (ECNM11025)
|School||School of Economics
||College||College of Arts, Humanities and Social Sciences
|Credit level (Normal year taken)||SCQF Level 11 (Postgraduate)
||Availability||Available to all students
|Summary||To give students a command of the main tools of microeconomic analysis, so that they can undertake advanced work in areas such as industrial economics, public economics, labour economics, environmental economics, international economics and finance; and to show how such microeconomic analysis can be applied in making the transition from theoretical models to empirical/policy models.
Entry Requirements (not applicable to Visiting Students)
|| Students MUST have passed:
Microeconomics 1 (ECNM11023)
||Other requirements|| Students should be registered for MSc Economics or MSc Economics (Finance). All other students must email email@example.com in advance to request permission.
Information for Visiting Students
|Pre-requisites||Students should be registered for MSc Economics or MSc Economics (Finance). All other students must email firstname.lastname@example.org in advance to request permission.
|High Demand Course?
Course Delivery Information
|Academic year 2021/22, Available to all students (SV1)
||Block 3 (Sem 2)
|Learning and Teaching activities (Further Info)
Lecture Hours 20,
Seminar/Tutorial Hours 12,
Feedback/Feedforward Hours 9,
Formative Assessment Hours 2,
Summative Assessment Hours 2,
Revision Session Hours 2,
Programme Level Learning and Teaching Hours 2,
Directed Learning and Independent Learning Hours
|Assessment (Further Info)
|Additional Information (Assessment)
||Final exam 100%
||Hours & Minutes
|Main Exam Diet S2 (April/May)||2:00|
| Knowledge and understanding of adverse selection, moral hazard and screening. Knowledge and understanding of the main models that describe the impact of these concepts on goods and labour markets including the seminal models of Spence and Ackerlof.
|The basic textbooks to be used are:|
Mas-Colell, A., M.D. Whinston and J.R. Green, Microeconomic Theory (OUP, 1995).
H.R. Varian, Microeconomic Analysis, 3rd ed (Norton, 1992)
|Graduate Attributes and Skills
|Course organiser||Mr Gabriel Ziegler
|Course secretary||Dr Joe Stroud
Tel: (0131 6)51 5184