ECON 211B
Information Economics
Economics · 4 units · Graduate courses (200-299)
Study of how informational frictions shape economic behavior and institutions. Such frictions underlie the two main transaction costs that impede economic efficiency: the need to provide incentives when asymmetric information prevents perfect contracting, and the inability to perfectly optimize or write complete contracts due to bounded rationality arising from information processing costs. Part of the micro theory sequence for second-year PhD students in economics. Covers concepts, techniques, and applications relevant for other fields in economics such as macro, finance, industrial organization, and organizational economics, as well as other disciplines such as business, computer science, and mathematics.
S/U or letter grading.
When it runs
Checking the Schedule of Classes…
Requisites
Official UCLA wording
Requisites: courses 201A, 201B, 201C or equivalents.
Requires
Everything that has to come before this course, not just the courses named in the requisite above.
ECON 211B
- ECON 201AMicroeconomics: Theory of Firm and Consumer
- ECON 201BMicroeconomics: Basic Concepts and Techniques of Noncooperative Game Theory and Information Economics
- ECON 201CMicroeconomics: Game Theory with Asymmetric Information and Applications
3 direct requisites. The whole upstream is here — 3 courses over 1 level. Every course here opens its own tree.
Unlocks
What this course is a requisite for, and what those courses lead to in turn.
No course in the catalog lists this as a requisite.