Spring 2022 - ECON 804 G100
Advanced Topics in Microeconomic Theory (4)
Class Number: 3834
Delivery Method: In Person
The course following ECON 802 and 803 which covers such topics as equilibrium theory, axiomatic analysis, stability analysis, income distribution, dynamic micro models, and models of non-market economics.
This course picks up where Econ 803 left off and starts with a few selected topics from dynamic games. Then, we will introduce the theory of social choice. Here we learn about social choice/welfare functions, the celebrated Arrow’s theorem, and the properties of some real-life preference aggregation mechanisms such as majority voting. Finally, we will combine game theory and social choice theory, and consider the problem of designing games in order to generate a certain outcome. For example, how can a policy maker implement a (socially) desirable allocation when she lacks some relevant knowledge? Our focus here will be on dominant-strategy implementation and Bayesian implementation. We may cover additional topics from game theory, time permitting.
The outline is as follows:
- Topics in Dynamic Games
- Social Choice Theory
- Mechanism Design
- Problem Sets 16%
- Midterm 36%
- Final 48%
Mas-Colell, A., Whinston, M.D. and Green, J.R., Microeconomic Theory, Oxford University Press, 1995. ISBN 987-0195073409
Graduate Studies Notes:
Important dates and deadlines for graduate students are found here: http://www.sfu.ca/dean-gradstudies/current/important_dates/guidelines.html. The deadline to drop a course with a 100% refund is the end of week 2. The deadline to drop with no notation on your transcript is the end of week 3.
ACADEMIC INTEGRITY: YOUR WORK, YOUR SUCCESS
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TEACHING AT SFU IN SPRING 2022
Teaching at SFU in spring 2022 will involve primarily in-person instruction, with safety plans in place. Some courses will still be offered through remote methods, and if so, this will be clearly identified in the schedule of classes. You will also know at enrollment whether remote course components will be “live” (synchronous) or at your own pace (asynchronous).
Enrolling in a course acknowledges that you are able to attend in whatever format is required. You should not enroll in a course that is in-person if you are not able to return to campus, and should be aware that remote study may entail different modes of learning, interaction with your instructor, and ways of getting feedback on your work than may be the case for in-person classes.
Students with hidden or visible disabilities who may need class or exam accommodations, including in the context of remote learning, are advised to register with the SFU Centre for Accessible Learning (firstname.lastname@example.org or 778-782-3112) as early as possible in order to prepare for the spring 2022 term.