Econ0013 - Study guides, Revision notes & Summaries

Summary of Term 1 taught in ECON0013 (Year 2021/2022) Detailed notes from lecture notes, textbooks and other materials. Topics covered include: 1) Games in Strategic Form, Games in Extensive Form, 3) Monopoly and Oligopoly, 4) Perfect Competition, 5) Adverse Selection, 6) Moral Hazard and 7) Economic Design and Mechanisms.

Comprehensive notes with annotations of key points of Term 1 Microeconomics UCL 21/22 taught by Martin Cripps - economics of the household. Topics include: strategic form games, extensive form games, extensive game equilibria, monopolies, oligopolies, profit maximisation & adverse selection, moral hazard, contracts and economic mechanisms. Achieved 75% module mark for Microeconomics.

A summary of Term 1 Microeconomics UCL 21/22 taught by Martin Cripps - economics of the household. Topics include: strategic form games, extensive form games, extensive game equilibria, monopolies, oligopolies, profit maximisation & adverse selection, moral hazard, contracts and economic mechanisms. Final mark: 75%

A summary of Term 2 Microeconomics UCL 21/22 taught by Ian Preston - economics of the household. Topics include: budget constraints, revealed preference, consumer preferences, consumer choice, consumer welfare, labour supply and demand, saving and borrowing, and choice under uncertainty. Achieved 75% module mark for Microeconomics.

Summary revision notes that has been simplified and shortened for term 1 of ECON0013 Microeconomics at UCL. Notes are suitable for the Term 1 MCQ exam.

What is a strictly dominant strategy? A strategy which always provides a greater payoff when compared to other strategies (cannot provide an equal payoff; that would be weakly dominant). What is a weakly dominant strategy? A strategy which provides a greater than or equal payoff to other strategies. (Think of it as greater than or equal to) What is a pure strategy nash equilibrium? A nash equilibrium which arises from playing a specified strategy (I will play this action specifically) wh...

Summary revision notes that have been simplified and shortened for Term 2 of ECON0013 Microeconomics at UCL. Notes are suitable for the Term 2 MCQ exam.

Comprehensive lecture notes of Term 2 Microeconomics UCL 21/22 taught by Ian Preston annotated with key points - economics of the household. Topics include: budget constraints, revealed preference, consumer preferences, consumer choice, consumer welfare, labour supply and demand, saving and borrowing, and choice under uncertainty. Final mark: 75%

What is a strictly dominant strategy? A strategy which always provides a greater payoff when compared to other strategies (cannot provide an equal payoff; that would be weakly dominant). What is a weakly dominant strategy? A strategy which provides a greater than or equal payoff to other strategies. (Think of it as greater than or equal to) What is a pure strategy nash equilibrium? A nash equilibrium which arises from playing a specified strategy (I will play this action specifically) wh...