Advanced Microeconomics 4 (Information Economics, 5 cr)

Code:
ECON-L2400
Field:
Microeconomics
Targets:
Research Master's students PhD students
Organiser:
Aalto University
Instructor:
Daniel Hauser
Period:
Period 4
Format:
Lecture
Method:
Contact Teaching
Venue:
Economicum building

In case of conflicting information consider the Sisu/MyCourses pages the primary source of information.

Content:

  • Adverse selection and mechanism design.
  • Moral hazard and imperfect monitoring.
  • Dynamic models of incomplete information including signaling and cheap talk.
  • Selected applications, for example: auctions, bargaining, market microstructure, reputation formation.
  • Completion method: contact teaching
    • Streaming will be only available to the FDPE students, for more infromation please contact Jenni Rytkonen, jenni.rytkonen [at] aalto.fi
  • Schedule: can be found in Sisu
  • Study materials: can be found in MyCourses
    • To access the course workspace, use all the features and participate in the activities (assignments, discussions), you must have successfully registered for the course in Aalto's Sisu and logged in as an Aalto user with your Aalto IT account (which is generated after you have been granted study rights).
    • Workspaces for some courses are open access, but please note the above.
    • For more tips on how to register for a MyCourses course area, click here.

Please register for the course in the Aalto Sisu with your Aalto username. Further instructions can be found here.

Aalto University Students
  • Code: ECON-L2400
  • Target groups: PhD / rMSc
  • Credit points: 5
Hanken Students
  • Code: 26048
  • Target groups: PhD / rMSc
  • Credit points: 5
  • Credit transfer: apply for substitution in Sisu

Further instructions can be found here.

University of Helsinki Students
  • Code: ECOM-R317 (rMSc) / DPE-9317 (PhD)
  • Target groups: PhD / rMSc
  • Credit points: 5
  • Credit transfer: apply for substitution in Sisu

Further instructions can be found here.

FDPE Students Students
  • Target groups: PhD

  • Credit points: please check your curriculum

  • Credit transfer: please apply for credit transfer according to your home university's procedures

Further instructions can be found here.

This course introduces the students to topics and methods in modern information economics at the graduate level. After taking this course, the students are familiar with the analytical techniques used in microeconomics and have the necessary skills for modeling interactions under incomplete information.