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MAE411 - Advanced Economic Theory

Enrolment modes:Trimester 1: Burwood (Melbourne)
EFTSL value: 0.125
Cohort rule:(For Bachelor of Commerce (Honours) students only)
Unit chair:

N Anbarci

Prerequisite:MAE301
Corequisite:Nil
Incompatible with: Nil
Contact hours:

1 x 2 hour class

Note: You will need to access substantial learning resources and experiences in CloudDeakin (Deakin’s online learning environment). Compliance with the Standards in computing, connectivity and student capability are a condition on your enrolment.

Content

The unit is concerned with theoretical and empirical issues in microeconomics. Topics include: decision-making under uncertainty; insurance and gambling; brief introduction to game theory; models in industrial organisation; introduction to mechanism design; adverse selection, signalling and screening; the principal-agent model and auctions.

 

Assessment

Assignment 1 (Quantitative) 20%, Assignment 2 (Quantitative) 20%, Assignment 3 (Quantitative) 20%, Examination 2 hours 40%, Hurdle requirement: achieve at least 50% of the marks available on the examination.

Unit Fee Information

Unit fee information available soon

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