Universität Wien FIND

390033 SE PhD-VGSE: Research seminar in Microeconomics (2016W)

Prüfungsimmanente Lehrveranstaltung

The level of this course requires knowledge of advanced macroeconomics, advanced microeconomics, and advanced econometrics.
Students may apply for this course by sending an email to info@vgse.at including their CV, transcript (Sammelzeugnis) and optionally a recommendation of their thesis advisor.
More information at www.vgse.at


max. 24 Teilnehmer*innen
Sprache: Englisch



Wednesday, 13.15 - 14.45 h, Seminarroom VGSE


Ziele, Inhalte und Methode der Lehrveranstaltung

Eligibility: this course is designed for VGSE students. Other PhD students in Economics at the University of Vienna, can get permission to follow this course after contacting the Director of Graduate Studies, Prof. Maarten Janssen, maarten.janssen@univie.ac.at.
Goal: Teach PhD students how to use formal and rigorous methods to understand and solve microeconomic research questions. Show students the different phases in writing a research paper in microeconomics that builds on formal methods.
Outline: Microeconomics comes with a formal apparatus that is used to derive results. This formal apparatus involves both mathematics (like when looking at derivatives and constrained optimization) and separate tools such as game theory. Statements are made based on assumptions and proofs using these assumptions. In this course we wish to show to PhD students how to apply such methods, how to be able to derive statements about microeconomics from primitives. The lecture is presented as a series as of topics. Each week homeworks are assigned and corrected.
Topics include:
- choice and preferences
- von Neumann Morgenstern and alternative models of choice under uncertainty
- marginal rates of substitution and ordients
- aggregation of preferences and the representative consumer
- power and failure of first and second welfare theorems
- type spaces and information economics
- auctions and mechanism design
In addition, a research topic will be assigned at the beginning and students are asked to jointly write a paper on this topic, progress discussed whenever necessary in class (such as relevant literature, research motivation, model, proofs, outline of paper, final editing).

Art der Leistungskontrolle und erlaubte Hilfsmittel

The grade of the course is determined based on three equally weighted parts: homeworks, midterm and final exam.

Mindestanforderungen und Beurteilungsmaßstab



The main bibliography for the course is A. Mas-Colell, M.D. Whinston & J.R. Green, Microeconomic Theory, Oxford University Press, New York, 1995, complimented by some research papers and handouts.

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Mo 19.02.2018 11:53