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

The course provides an overview of the issues arising in the economics of information. We cover the problems of moral hazard, adverse selection and signalling. Understanding how private information and incentives in these problems interact is a prerequisite for understanding many of the problems in labour and financial markets as well as in the field of politics. We also cover problems related to externalities and some auction theory.

  • Completion method: contact teaching
  • Schedule: can be found in Course Page and Sisu
  • Study materials: can be found in Moodle
    • Tips for enrolling in a Moodle course area can be found here

Please register for the course in the UH Sisu with your UH username, further instructions can be found here.

    • Code: no equivalent code
    • Target groups: MSc (not suitable for PhD students)
    • Credit points: 5
    • Credit transfer: apply for inclusion in Sisu
    • Code: 26061
    • Target groups: MSc (not suitable for PhD students)
    • Credit points: 5 cr
    • Credit transfer: apply for substitution in Sisu
    • Code: ECOM-G311

    • Target groups: MSc (not suitable for rMSc and PhD students)

    • Credit points: 5

    • Not suitable for PhD students

After the course, the student should:

  • Be familiar with main problems in the economics of information as well as the standard modelling techniques.
  • Understand the mechanisms behind standard problems of information economics: adverse selection, moral hazard and signalling