Advanced Microeconomics
Prof. Dr. Florian Herold
Dr. Stefanie Schmitt
Isabelle Schneider
Course description
The course provides an introduction into modern microeconomic theory. Students will be trained in applications of the standard microeconomic toolkit at an advanced level of mathematical and conceptual rigor. Central goal of the course is the mastery of key techniques of microeconomic analysis such as the analysis of individual choice with and without risk, the computation of equilibria in exchange or production economies and games. Special emphasis is given to the economics of information. Lectures are in English.
Dates
Lecture (Prof. Dr. Florian Herold)
- Tuesday, 10.15- 11.45 (room: FG1/00.08; first meeting: 16.04.2024)
Tutorial (Dr. Stefanie Schmitt)
- Wednesday, 2-4 pm c.t. (room: F21/02.55; first meeting: 24.04.2024)
Repetitorium (Isabelle Schneider, B.A.)
- Monday, 2-4 pm c.t. (room: F21/02.55; first meeting: 22.04.2024)
Overview
- Axiomatic choice
- Intertemporal choice and choice under risk
- Game Theory
- Information Economics and Contract Theory
- General equilibrium
Prerequisites
Introduction into basics of microeconomics at the level of Mikoökonomik I and II (BA) at Bamberg University (e.g., Pindyck, R.S. and D.L. Rubinfeld, 2005, Microeconomics, 6e, Pearson Education International or Varian, 2006, Intermediate Microeconomics, Varian, Hal R. (2006): Intermediate Microeconomics: A Modern Approach, Sixth Edition. New York: Norton.) and solid mastery of math at least at the level of Mathematik für Wirtschaftswissenschaftler I and II (BA) at Bamberg University.
Literature
The course content is covered by any standard textbook of advanced microeconomics. A recommended reference is:
Jehle, Reny, Advanced Microeconomic Theory (International Ed.), Second Edition, 2001.