Aula

Basic game theory and asymmetric information

Kurs

Industrial Organisation

7.5 hp

On this course, you will take an in-depth look at the theory of economic choices in markets where there is market power. It deals with basic game theory and markets with asymmetric information, as well as the welfare implications of market power.

En plats för nyfikenhet och ambitioner med utbildningar som förbereder för framtiden.

Tools and knowledge for analysing important societal issues After studying Economics, you can work in both the public and private sectors, for national or international organisations, with issues relating to the economics of society. In the private sector, it is common for economists to work at banks or in companies in the financial sector. However, economists may also work at consultancies or other companies that require socio-economic expertise. In the public sector, you could work at government ministries, public authorities, municipalities or the Swedish Riksbank. Studying Economics gives you important, societally beneficial knowledge. After your studies, you will have the tools and knowledge necessary to analyse important societal issues Studying Economics is not only a strength on the labour market, but it also provides an important general education for understanding our societal economy. Read more about research in this subject
Determining price and quantity in a market economy This Bachelor’s level course will give you the tools to describe basic concepts about markets with market power, including the concept of equilibrium and how prices and quantities (production/consumption) are determined in a market economy. The course also examines how how market structures affect the allocation of societal resources and how incomplete information can lead to suboptimal outcomes. The course is lecture-based and has a written examination
How can we manage sparse resources and work towards sustainable economic growth? Economics is important for societal democracy, as the purpose of the subject is to investigate how we manage and distribute sparse resources. The subject therefore has a strong link to most of the UN global goals. Economics has a broad perspective that covers many societal functions, everything from conditions for businesses and employees to those for sustainable development and the role of the financial market in global stability. Economics covers many different areas and has clear links to many current societal problems. Studying the subject provides insight into environmental economics, development economics, financial economics, industrial organisation, labour market economics and various theories of international trade. These areas are strongly associated with current societal problems such as trade wars and globalisation, unemployment and integration, poverty and opportunities for development in low-income countries. If you study Economics, you will gain important societal knowledge that is beneficial on the labour market, as well as tools for analysing important societal problems. At Södertörn University, our aim is to teach the subject using a broad perspective and an unconditional approach.