This category is reserved for the modules under the CBE' schools. 

This is the course site for the two semester class Advanced Microeconomics tought by instructures from Kiel University and the University of Rwanda.

Aim of the class: Firms and consumers make choices for themselves and interact in various ways in the market place. This course prepares the theoretical groundwork for microeconomic policy courses elsewhere in the Master of Economics curriculum, highlighting traditional economic approaches, their normative foundations, and recent advances such as information economics and behavioral economics. By the end of the course the student will

  • be familiar with the main, unifying microeconomics principles, and know how to analyze microeconomic problems using mathematical tools
  • know the main concepts of consumer choice and firm behavior, and their relevance for equilibrium and welfare analysis
  • be able to evaluate economic policy with regard to efficiency and equity and know of the limitations to economic policy
  • know of core arguments from the economics of information and incentives
  • be able to understand limitations of the homo economicus and current advances in behavioral economics
  • know of problems of market failure and how to address them
  • know of possibilities and limitations in applied policy fields, such as welfare analysis, and regulation of industry

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