ECOM-438 Search Theory, 5 cr
Code |
ECOM-438 |
Validity |
01.01.2017 -
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Name |
Search Theory |
Abbreviation |
Search Theory |
Scope | 5 cr |
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Type | Advanced studies |
Type | Course |
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Grading | General scale |
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| no |
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Can be taken more than once | no |
Unit |
Master's Programme in Economics |
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Teachers
Description
Target group |
Master’s Programme in Economics. Open to other students as well. |
Timing |
The second year after completing Microeconomics 1 and 2, and Macroeconomics 1 and 2 |
Learning outcomes |
After the course, the student should
- Be able to solve and construct one person optimal search problems
- Understand dynamic models of search and directed search in areas of labour economics and monetary economics, and understand how the set-up can be used to address questions ranging from marriage markets to the choice of trading mechanisms
- Doctoral students should be able to actively do all the above.
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Completion methods |
The course consists of lectures (24–30 hours) and homework. The course is quite technical, but the atmosphere is relaxed if not outright informal. There is a written final exam or a home exam or homework or a combination of these depending on the number of participants. |
Prerequisites |
Microeconomics 1 and 2, Macroeconomics 1 and 2 |
Recommended optional studies |
Knowledge of analysis and probability theory is certainly an advantage. |
Contents |
The course covers technical requirements, one-person optimal search theory, general equilibrium type search theory, directed search theory and applications to labour markets, monetary theory, and the problem of trading mechanisms. |
Study materials and literature |
Given in the course |
Activities and teaching methods in support of learning |
All material related to the course is delivered through Moodle. It also contains a discussion forum where students can discuss issues related to the course with each other and the teacher. |
Assessment practices and criteria |
The course is graded on a scale from 0 (fail) to 5 |
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Current and future instruction
Future examinations
No examinations in WebOodi |