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Advanced Microeconomics - ECO00002M

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  • Department: Economics and Related Studies
  • Module co-ordinator: Prof. Zaifu Yang
  • Credit value: 20 credits
  • Credit level: M
  • Academic year of delivery: 2022-23
    • See module specification for other years: 2021-22

Module will run

Occurrence Teaching period
A Autumn Term 2022-23 to Spring Term 2022-23

Module aims

To provide a view of most of the core material and some of the frontiers of microeconomics in its different dimensions. What are the key research questions in micro? Where is most of the current research activity?

To provide practical training in the methods of microeconomics to formulate and solve microeconomic problems at a pre-research/research level.

To provide you with an edited/annotated view of the large body of knowledge that constitutes microeconomic theory.

To provide sufficient training in the methods of microeconomics so that you can actually do it yourself. Practical experience, in the revision classes, is very important and you must take great care to work through the exercises and show them to your teacher so that you can receive feedback. Your objective should be to understand the formulation of each exercise; understand the methods that are used in its solution; think how the exercise illuminates parts of microeconomic theory. Don t worry if you find the exercises difficult at first.

To give you the opportunity to study, discuss and evaluate some research frontier dimensions of microeconomic theory.

Module learning outcomes

On completing the module a student will be able to:

Solve exercises in microeconomics;

Appreciate the logical structure of how to develop a microeconomic argument;

Formulate a research proposal in microeconomics.

Indicative assessment

Task Length % of module mark
Closed/in-person Exam (Centrally scheduled)
Closed exam : Advanced Microeconomics		 3 hours 100

Special assessment rules

None

Indicative reassessment

Task Length % of module mark
Closed/in-person Exam (Centrally scheduled)
Closed exam : Advanced Microeconomics		 3 hours 100

Module feedback

Feedback will be given in line with University guidelines

Indicative reading

Mas-Colell, Whinston, and Green [1995], Microeconomic Theory, Oxford University Press.

Jehle and Reny [2001], Advanced Microeconomic Theory, Addison Wesley.

Varian, H [1992], Microeconomic Analysis, Norton & Company.

These are very professional and Mas-Colell is very comprehensive.

To refresh your background knowledge, we strongly recommend you to read Hal Varian s book:


The information on this page is indicative of the module that is currently on offer. The University constantly explores ways to enhance and improve its degree programmes and therefore reserves the right to make variations to the content and method of delivery of modules, and to discontinue modules, if such action is reasonably considered to be necessary. In some instances it may be appropriate for the University to notify and consult with affected students about module changes in accordance with the University's policy on the Approval of Modifications to Existing Taught Programmes of Study.