果冻传媒

Introduction

Principal Aims

To develop the notion of competitive equilibrium and the fundamental properties of competitive equilibria.

Principal Learning Outcomes

To develop an understanding of the normative significance of competitive markets in achieving Pareto-optimal allocations

To recognise that a small number of intuitive assumptions and principles, when formulated precisely, can provide valuable insights into fundamental economic problems.

To understand the limitations of existing economic models and to be aware of directions in which frontier research is extending and refining these models.

Syllabus

Context

Optional Core Module

GL11 - Year 2, GL12 - Year 2

Optional Module

L100 - Year 2, L1P5 - Year 1, L1PA - Year 1, LM1D (LLD2) - Year 2, V7ML - Year 2, V7ML - Year 3, V7MP - Year 2, V7MP - Year 3, V7MR - Year 2, V7MR - Year 3, V7MM - Year 4, G100 - Year 2, G100 - Year 3, G103 - Year 2, G103 - Year 3, R9L1 - Year 4, R3L4 - Year 4, R4L1 - Year 4, R2L4 - Year 4, R1L4 - Year 4, L1L8 - Year 2, L1L8 - Year 3, L1CA - Year 2, L1CC - Year 2, L1CE - Year 2, L1CD - Year 2

Pre or Co-requisites

The module introduces advanced-level mathematical thinking and typically attracts students from economics- and math-based degree courses.

Any of:

EC106-24 Introduction to Economics OR

EC107-30 Economics 1 OR

EC109-30 Microeconomics 1 OR

EC137-15 Economics 1: Micro

AND (FOR ECONOMICS STUDENTS ONLY)

EC139-15 Mathematical Techniques A AND

EC122-15 Statistical Techniques A

OR

EC140-15 Mathematical Techniques B AND

EC124-15 Statistical Techniques B

EC106 or EC107 for GL11 and other Maths students

Summary:

Modules: (EC106-30 or EC107-30 or EC109-30) and (EC139-15 and EC122-15) and (EC140-15 or EC124-15)

Assessment

Assessment Method

Coursework (30%) + Centrally-timetabled examination (On-campus) (70%)

Coursework Details

Centrally-timetabled examination (On-campus) (70%) , Test (30%)

Exam Timing

Summer

Reading Lists