University of St Andrews - Scotland's first university, founded 1413

Module Catalogue

For information on which modules are specific to your programme, please see : Programme requirements index 2016-2017.

Curricular information may be subject to change.

EC3305 Incentives and Contracts

Academic year(s): 2016-2017

Key information

SCOTCAT credits : 20

ECTS credits : 10

Level : SCQF level 9

Semester: 2

Planned timetable: TBC

This module will address economic institutions when agents interact under informational asymmetries. The main models of the theory of contracts, particularly the basic models of adverse selection, signalling, and moral hazard, as well as the theory of mechanism and market design, will be discussed with emphasis on their applications for understanding the internal organization of firms, taxation, regulation, insurance and labour markets, education, and many other aspects of economics.

Learning and teaching methods and delivery

Weekly contact:

Scheduled learning hours: 37

Guided independent study hours: 163

Assessment pattern

As used by St Andrews:

As defined by QAA
Written examinations : 75%
Practical examinations : 0%
Coursework: 25%

Personnel

Module teaching staff: TBC