Course guide of Microeconomics 4 (2261134)

Curso 2025/2026
Approval date: 24/06/2025

Grado (bachelor's degree)

Bachelor'S Degree in Economics

Branch

Social and Legal Sciences

Module

Análisis Económico

Subject

Microeconomía IV

Year of study

3

Semester

1

ECTS Credits

6

Course type

Compulsory course

Teaching staff

Theory

  • Ricardo Martínez Rico. Grupo: A
  • Ángel Solano García. Grupo: A

Practice

Ricardo Martínez Rico Grupos: 1 y 2

Timetable for tutorials

Ricardo Martínez Rico

Email
  • First semester
    • Wednesday de 08:30 a 10:30 (Fac. Económicas. B309)
    • Thursday de 08:30 a 10:30 (Fac. Económicas. B309)
    • Friday de 08:30 a 10:30 (Fac. Económicas. B309)
  • Second semester
    • Wednesday de 08:30 a 10:30 (Fac. Económicas. B309)
    • Thursday de 08:30 a 10:30 (Fac. Económicas. B309)
    • Friday de 08:30 a 10:30 (Fac. Económicas. B309)

Ángel Solano García

Email
  • First semester
    • Tuesday de 10:00 a 13:30 (Fac. Cc. Económicas. B322)
    • Wednesday de 10:00 a 12:30 (Fac. Cc. Económicas. B322)
  • Second semester
    • Tuesday de 10:00 a 12:30 (Fac. Cc. Económicas. B322)
    • Wednesday de 10:00 a 13:30 (Fac. Cc. Económicas. B322)

Prerequisites of recommendations

Having passed the subjects on Mathematics and Microeconomics of the previous semesters

Brief description of content (According to official validation report)

  • Nash equilibrium: Basic concepts
  • Economics of information
  • Repeated games

Objectives (Expressed as expected learning outcomes)

  • Students will be able to understand and model the strategic behavior of different agents.
  • Students will be able to understand the principal-agent problem.

Detailed syllabus

Theory

  • Lesson 0. Introduction.
  • Lesson 1. Basic concepts.
  • Lesson 2. Decision under uncertainty
  • Lesson 3. Base model
  • Lesson 4. Moral hazard
  • Lesson 5. Adverse election

Practice

  • Lesson 0. Introduction.
  • Lesson 1. Basic concepts.
  • Lesson 2. Decision under uncertainty
  • Lesson 3. Base model
  • Lesson 4. Moral hazard
  • Lesson 5. Adverse election

Bibliography

Basic reading list

  • Macho-Stadler, I, Pérez.Castrillo, D. (2001): An introduction to the economics of information. OUP Oxford.

Complementary reading

  • Bolton, P., Dewatripoint, M. (2004) Contract Theory. MIT Press.
  • Gibbons, R. (1992) A primer in Game Theory. Pearson

Recommended links

Assessment methods (Instruments, criteria and percentages)

Ordinary assessment session

  • Final exam, 70%. This exam will be a multiple choice test. Wrong answers will penalize.
  • Group assessment, 15%. It will be a presentation on applications of some of the models analyzed during the course.
  • Student participation, 15%. Student’s active participation will be evaluated according to her performance, behavior, quantity and quality of his comments/questions, etc.

In order to pass the subject, it is required to get a grade higher or equal to 3 (out of 10) in the final exam. Otherwise, the global mark will be "non passed", with the numeric grade resulting from the minimum between 2.5 and the weighted sum of the three components of the assessment.

Extraordinary assessment session

This exam will be a multiple choice test. Wrong answers will penalize. The grade of this assessment will be the mark obtained in this exam.

Single final assessment

This exam will be a multiple choice test. Wrong answers will penalize. The grade of this assessment will be the mark obtained in this exam.

Additional information

The Department of Economic Theory and History, in accordance with the Regulations for the attention to students with disabilities and other specific educational support needs (approved by the Governing Board of the University of Granada on 20th September 2016) will promote the right to education under conditions of equal opportunities to students with disabilities and other specific educational support needs. The necessary assistance actions will be established to achieve their full and effective inclusion, guaranteeing their right to inclusive education, in accordance with the principles of non-discrimination, equal opportunities and universal accessibility, so that they can achieve the maximum possible development of their personal and , in any case, the objectives established in general for all students.

The information in this guide may be modified due to supervening circumstances, changes in regulations or new guidelines that may be given by the health authorities, the University, or the School of Economics and Management.

Información de interés para estudiantado con discapacidad y/o Necesidades Específicas de Apoyo Educativo (NEAE): Gestión de servicios y apoyos (https://ve.ugr.es/servicios/atencion-social/estudiantes-con-discapacidad).

Información de interés para estudiantado con discapacidad y/o Necesidades Específicas de Apoyo Educativo (NEAE): Gestión de servicios y apoyos (https://ve.ugr.es/servicios/atencion-social/estudiantes-con-discapacidad).