Microeconomics II
- Teacher(s): B.Klaus
- Course given in: English
- ECTS Credits: 6 credits
- Schedule: Autumn Semester 2021-2022, 4.0h. course (weekly average)
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sessions
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course website
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Related programmes:
Bachelor of Science (BSc) in Economics
Bachelor (BSc) in Economic Sciences -
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Objectives« Due to changes in health conditions related to COVID-19, course modalities may be adapted during the semester. » This class applies concepts and tools from the previous microeconomics course to various economic situations, which include fair allocation of scarce resources, cost allocation, market design, and voting. ContentsThe course will cover the following material from the two course books (see course references) - additional material will be posted on the course webpage (moodle): Equity and Priority (Young Chapter 2) Fair Distribution (Moulin Chapter 2) Equity, Equality, Proportionality (Young Chapter 4) Taxation (Moulin Chapter 2 and Young Chapter 6) Cost Sharing (Young Chapter 5 and Moulin Chapter 5) Fair Bargains (Young Chapter 7) Cardinal Welfarism (Moulin Chapter 3) Apportionment and Voting (Young Chapter 3 and Moulin Chapter 4)
ReferencesThe following two books are mandatory for the course (readings and exercises will be assigned from both books).
Further course material will be distributed\posted throughout the course through the moodle course page. Pre-requisitesEither HEC's second year microeconomics course or a quantitative intermediate microeconomics course is a prerequisite for this course. Exchange students with no solid background in economics and statistics\econometrics tend to preceive this course as extremely difficult! EvaluationFirst attempt
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