The course will provide students with advanced methods and theories in contemporary microeconomics for understanding economic decision-making and strategic interactions. Special emphasis will be placed on connecting theory to real-world applications, with the help of digital tools. Examples of such applications include environmental sustainability policies, insurance markets and risk, public good provision, and contracts.
Following are the main topics covered in the course:
- Decision Theory
- General Equilibrium and Welfare
- Market Failure: Externalities
- Game Theory and its Applications
- Economics of Information
This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.