Courses / Module

On successful completion of the module, students should be able to:

• analyze observational learning and herding
• understand the impact of search cost on equilibrium outcomes in competitive markets
• analyze economic behavior under uncertainty and understand the fundamentals of insurance, forward markets and hedging
• master analysis with asymmetric information:
• adverse selection and its applications (credit rationing, discrimination in the job market . . .)
• signalling and its applications in the labor and in the goods market.
• hidden action and its applications (efficiency wages, incentive schemes . . .)

• 24 lecture hours

Delivery methods	Hours
Lectures	24
Labs / Practicals	0
Tutorials	0
Planned learning activities	16
Independent student activities	40
Total	80

• Module Graded (numeric value) or Ungraded (Pass/Not Passed): Graded
• Continuous Assessment detail(s): Continuous Assessment will have a weight of AT MOST 40% of the module grade. It will consist of HW and a midterm examination.
• Other detail(s): In-house exam supervised by the department

Assessment type	Weighting	Duration
Continuous Assessment	30%
University scheduled written examination	0%
Other	70%
Total	100%

• Pass standard: 40%

• Are Supplemental registrations permitted? Yes
• Is Supplemental Continuous Assessment registration permitted? No
• Is Supplemental Continuous Assessment capped? No

For a full timetable search, go to NUIM Timetable. Venue locations can be found here.