EC202 Microeconomics: FAQ
- Aims and objectives of the course? Check the
Aims and intended learning outcomes document.
- Comparison with EC201? A comparison of the official course outlines for EC201
(Microeconomic Principles 1) and EC202 (Microeconomic Principles 2) shows
that the broad coverage of the two course outlines is similar. However there are important
differences in the depth and scope of the two courses which follow from EC202 being able to use a
mathematical approach to exploit underlying connections between topics or to examine the structure
of key issues in greater detail. Examples of this include:
For difference in mathematical content check here
- Applications of duality to the analysis of the consumer, the firm and the foundations of general equilibrium and welfare economics (first term)
- The development of Nash equilibrium and Subgame perfection to concepts such as industrial organisation and the economics of contracts (second term).
23 Aug 2016