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Last modified: 22 May 2019 17:07

Course Overview

The course will deepen and broaden students' understanding of economic models equipping them with the knowledge and skills that are essential to identify appropriate techniques for solving problems of decision making in financial markets. The module will be invaluable for students wishing to pursue a career as economists working in the financial sector and for those aiming to progress to PhD research.

Course Details

Study Type Postgraduate Level 5
Session First Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus Old Aberdeen Sustained Study No
  • Dr John Skatun

What courses & programmes must have been taken before this course?

  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?


What courses cannot be taken with this course?


Are there a limited number of places available?


Course Description

The course provides students with an understanding of and an ability to apply the core microeconomic theory principles to decision making in the financial markets. The course covers topics such as the Theory of Markets, the Economics of Information and Topics in Uncertainty, Welfare Economics, Applications of Game Theory, Von Neumann-Morgenstern Expected utility.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

  • 1 Lecture during University weeks 7 - 18
  • 1 Tutorial during University week11

More Information about Week Numbers

Summative Assessments


1 x 2hr written exam (70%).



Individual assignement (30%, 2000 words).


Resit: 1 x 2hr written examination (100%).

Formative Assessment

There are no assessments for this course.



Feedback on formative assessment will be offered throughout the course during the example classes and individually to students


Feedback on summative assessment will be given both in writing and by means of one-to-one discussions with students.

Course Learning Outcomes


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