Microeconomic Theory for Research Students

This information is for the 2021/22 session.

Teacher responsible

Dr Matthew Levy 32L.3.21, Prof Balazs Szentes 32L.4.05 and Dr Andrew Ellis 32L.3.09


This course is available on the MRes/PhD in Economics. This course is not available as an outside option.


Students must have completed Microeconomics for MRes students (EC441).

Course content

The objective of this course is to provide students with a graduate level introduction to advanced topics and contemporary developments in Microeconomic Theory. Topics will include:

  • Classic static and dynamic game theory
  • Contract theory
  • Bounded rationality
  • Psychology and economics.


30 hours of lectures in the MT. 30 hours of lectures in the LT.

This course is delivered through a combination of classes and lectures totalling a minimum of ## hours across Michaelmas Term and Lent Term. This year, some or all of this teaching will be delivered through a combination of virtual classes, live streamed (recorded) lectures, and some flipped content delivered as short online videos.

Formative coursework

Students will discuss papers in lectures.

Indicative reading

Osborne M, and Rubinstein A, A Course in Game Theory, MIT Press, 1994. Fudenberg D, and Tirole J, Game Theory, MIT Press, 1991.


Exam (100%, duration: 3 hours, reading time: 15 minutes) in the summer exam period.

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Important information in response to COVID-19

Please note that during 2021/22 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the differing needs of students in attendance on campus and those who might be studying online. For example, this may involve changes to the mode of teaching delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.

Key facts

Department: Economics

Total students 2020/21: 6

Average class size 2020/21: 5

Value: One Unit

Guidelines for interpreting course guide information