ECN361 - Advanced Microeconomics
Prerequisite: ECN211, ECN214
This module aims to bridge the gap between undergraduate and postgraduate study of microeconomic theory. It is therefore recommended for students who are interested in pursuing a masters degree in economics or finance and who have achieved consistently high marks in the microeconomics core curriculum. The module focuses on general equilibrium analysis (the Walrasian model, pure exchange economies, the fundamental welfare theorems, existence of equilibrium, and applications) and information economics (asymmetric information, signaling games, perfect Bayesian equilibrium, the principal-agent model, and auctions).