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Nr. LV-Typ(en) LV-Titel
5824 PI Advanced Microeconomics II (Science Track) Präsenz-Modus
Anmeldung über LPIS
vom 19.02.2024 15:00 bis 25.02.2024 23:59
Abmeldung über LPIS
vom 19.02.2024 15:00 bis 04.05.2024 23:59

LV-Leiter/in Univ.Prof. Dr.Dr. Ulrich Berger
Planpunkte Master Advanced Microeconomics II
Semesterstunden 2
Unterrichtssprache Englisch

Termine
Di, 07.05.2024 14:00-17:00 Uhr D4.0.144 (Lageplan)
Di, 14.05.2024 14:00-17:00 Uhr D4.0.144 (Lageplan)
Di, 21.05.2024 14:00-17:00 Uhr D4.0.144 (Lageplan)
Di, 28.05.2024 14:00-17:00 Uhr D4.0.144 (Lageplan)
Di, 04.06.2024 14:00-17:00 Uhr D4.0.144 (Lageplan)
Di, 11.06.2024 14:00-17:00 Uhr D4.0.144 (Lageplan)
Di, 18.06.2024 14:00-17:00 Uhr D4.0.144 (Lageplan)
Di, 25.06.2024 14:00-17:00 Uhr P TC.3.03 (Lageplan)
Termindownload (ical) | Termine abonnieren

Weitere Informationen https://learn.wu.ac.at/vvz/24s/5824

Kontakt:
ulrich.berger@wu.ac.at
Inhalte der LV:

Advanced Microeconomics II continues Advanced Microeconomics I. It is an advanced course that teaches selected fundamental topics in microeconomics in more detail. The course starts with mechanism design, using a public goods game and auctions as primary examples. After introducing the Vickrey-Clarke-Groves mechanism we turn to second-best mechanisms and apply these to public goods and bilateral markets. Finally, we study double auctions and matching markets.

1. public goods

2. the VCG mechanism

3. balanced budgets

4. second-best mechanisms

5. bilateral trade

6. Myerson-Satterthwaite theorem

7. small markets

8. double auctions

9. bipartite graphs

10. matching markets

 

Lernergebnisse (Learning Outcomes):

After attending this course, students will be able to:

  • understand the source of inefficiencies arising under incomplete information.
  • construct efficient mechanisms to handle social choice problems.
  • explain how large markets may eliminate inefficiencies.
Regelung zur Anwesenheit:

The attendance requirement is met, if a student is present at least 80%. Therefore, students are allowed to be absent for one teaching unit.

Advanced Microeconomics II is the continuation of Advanced Microeconomics I. It is formally possible to only complete the second course (e.g. for exchange students who need just 4 ECTS), but it would be rather difficult and doesn't make much sense.

Lehr-/Lerndesign:
  • Lectures with material developed on the whiteboard and supported by slides
  • Discussion of examples

Slides and exercises will be uploaded on Canvas. Students are requested to prepare for each class with the provided material.

Leistung(en) für eine Beurteilung:

There will be several homeworks (weight 30%) and a written final exam (60%). The remaining 10% can be gained by active participation, i.e. by answering questions raised during the course or contributing to the discussion thoughtfully.

Zuletzt bearbeitet: 15.11.2023 12:30

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