Course unit details:
Advanced Microeconomics

Course unit fact file
Unit code ECON30001
Credit rating 20
Unit level Level 3
Teaching period(s) Semester 1
Offered by Economics
Available as a free choice unit? Yes

Overview

The unit covers a range of topics of Microeconomics at the advanced undergraduate level. Topics can include choice under risk and uncertainty, asymmetric information, valuing information, screening, moral hazard, elements of contract theory and mechanism design, game theoretic applications such as auctions and bargaining, and methods of experimental economics.

Pre/co-requisites

Unit title Unit code Requirement type Description
Advanced Mathematics ECON10071A Pre-Requisite Compulsory
Intermediate Microeconomic Theory 2 ECON20512 Pre-Requisite Compulsory
Microeconomics 4 ECON20022 Pre-Requisite Compulsory
Advanced Mathematics ECON20071 Pre-Requisite Compulsory
Advanced Mathematics ECON10071B Pre-Requisite Compulsory
(ECON20022 OR ECON20512) AND (ECON10071A OR ECON10071B OR ECON20071)

(ECON20022 or ECON20512) and (ECON10071 or ECON20071)

Aims

The unit aims to:

Expose students to topics in Microeconomics at the advanced undergraduate level.

Syllabus

Provisional

Topics can include choice under risk and uncertainty, asymmetric information, valuing information, adverse selection, screening, moral hazard, elements of contract theory and mechanism design, game theoretic applications such as auctions and bargaining, and methods of experimental economics.

Teaching and learning methods

Synchronous activities (such as Lectures or Review and Q&A sessions, and tutorials), and guided self-study.

Knowledge and understanding

Students will have an understanding of the central topics of advanced Microeconomics.

Intellectual skills

Abstract reasoning, economic modelling and problem solving, analytical skills, evaluation and critical analysis of arguments, theories and policies.

Practical skills

Providing formal proofs, problem solving, writing formal arguments and explanations, developing a clear and succinct writing style, independently locate and assess relevant literature and to draw on these to develop understanding and to construct arguments.

Transferable skills and personal qualities

Precision, able to follow and provide logical arguments, producing digital documents with equations and diagrams, working consistently towards deadlines, responding to feedback to consolidate understanding.

Assessment methods

30% Coursework/Problem Set

70% Exam

Feedback methods

.

Recommended reading

  • Advanced Microeconomic Theory, Jehle and Reny.
  • Microeconomic Theory, Mas-Colell, Whinston and Green.
  • Information Economics, Birchler and Butler.
  • Lecture Notes in Microeconomics, Rubinstein.

Teaching staff

Staff member Role
Sophie Kreutzkamp Unit coordinator

Fees and funding

Fees

Tuition fees for home students commencing their studies in September 2027 will be £10,050 per annum. Tuition fees for international students will be £35,300 per annum.

For general information please see the undergraduate finance pages.

Policy on additional costs

All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).

Scholarships/sponsorships

We know that student finance can be complicated. The links below provide further information to help guide you.

Learn more about student finance options for UK students.

Learn more about fees and finance for international students.

As an international student you may be eligible for our Global Futures Scholarships . This is open to students starting their studies in September 2026.

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