The microeconomic theory also involves the different type of concepts in information and contract theory. Learning this side of microeconomic will make you understand how to come with decision-making processes when you are under uncertainty.
You will be introduced to theories and concepts of Microeconomic Theory Part 4 that will help you address microeconomic issues and concerns. This course is designed to help you understand concepts on risk sharing, moral hazard, adverse selection, mechanism design, and even incomplete contracting.
This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer needs to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.
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Course Credit: MIT
|Preface and Moral Hazard and Incentives Contracts||01:05:00|
|Mechanism Design and Self-Selection Contracts||01:00:00|
|Submit Your Assignment||00:00:00|
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