EC470 
 Advanced Microeconomic Theory 
An in-depth study of microeconomic theory and its applications 
as represented by published articles in academic journals and other 
contemporary literature. Topics may include moral hazard, adverse 
selection, principal-agent interactions, problems relating to 
insurance markets, cooperation through self-interest and endogenous 
market structure. 
Prerequisite: EC370. 
Co-requisite: Fourth year of an Honours Economics Program or 
permission of the Department.