NBS8560 : Advanced Microeconomic Theory: General Equilibrium (Inactive)

Semester 2 Credit Value: 10
ECTS Credits: 5.0


To introduce students to advanced microeconomics. To develop students' understanding of how markets interact and of some of the linkages between real and financial markets incentives.

Outline Of Syllabus

1. General Equilibrium: an overview.
2. Agents, markets and equilibrium.
3. Properties of Walras equilibria.
4. General equilibrium with incomplete Markets.
5. Properties of financial market equilibria.
6. Overlapping Generations Economies.

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Guided Independent StudyAssessment preparation and completion321:0032:00N/A
Scheduled Learning And Teaching ActivitiesLecture181:0018:00N/A
Guided Independent StudyDirected research and reading251:0025:00N/A
Guided Independent StudyIndependent study251:0025:00N/A
Teaching Rationale And Relationship

Lectures provide an exhaustive and in-depth introduction to the cores course material, and introduction to required techniques, private study facilitates review and understanding of lecture material.

Assessment Methods

The format of resits will be determined by the Board of Examiners

Other Assessment
Description Semester When Set Percentage Comment
Report2M1002000 word reflection on relevance of the central notions of the module for their own research.
Assessment Rationale And Relationship

Written report induces students to reflect upon the relevance of the introduced notions for their own research.

Reading Lists