DRE 7005 Topics in Search Theory

DRE 7005 Topics in Search Theory

Course code: 
DRE 7005
Department: 
Economics
Credits: 
6
Course coordinator: 
Espen Rasmus Moen
Product category: 
PhD
Portfolio: 
PhD Economics courses
Semester: 
2019 Autumn
Active status: 
Active
Teaching language: 
English
Course type: 
One semester
Introduction

The aim of the course is to give the students an introduction to search theory with applications particularly to labor economics, but also to macroeconomics, industrial organization,  housing economics, and financial economics.

Learning outcomes - Knowledge

The course aims to take the students to the research frontier on topics related to search theorey with applications.

Learning outcomes - Skills

The students are expected to be able to construct and solve search models, solve the models analytically and estimate the models using indirect inference and other estimation techniques.-

General Competence

Understand how search frictions influence and shape price determination and the allocation of resources in markets, particularly the labor market.

Course content

In the first part of the course, the main search models of the labor market are discussed. These include the Diamond- Mortensen- Pissarides model, the Lucas and Prescott model, the Jovanovic model, and the Burdett- Mortensen model. Then we look at various extensions of the models with applications to product market search, monetary theory, financial markets and housing.
 

Teaching and learning activities

Students are required to participate in class – both in discussions and by presenting models/material from the reading lists.6 lecture hours will be used for exercises and for giving direct feedback to students. -

Software tools
No specified computer-based tools are required.
Additional information

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Qualifications

Enrollment in a PhD programme is a general requirement for participation in PhD courses at BI Norwegian Business School.
External candidates are kindly asked to attach confirmation of enrollment in a PhD programme when signing up for a course. Other candidates may be allowed to sit in on courses by approval of the course leader. Sitting in on a course does not permit registration for the course, handing in exams or gaining credits for the course. Course certificates or confirmation letters will not be issued for sitting in on courses.

Required prerequisite knowledge

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Exam categoryWeightInvigilationDurationGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
DRE70051
Grading scale:
Pass/fail
Grading rules:
Internal and external examiner
Resit:
Examination when next scheduled course
100No30 Hour(s)Individual
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:100
Invigilation:No
Grouping (size):Individual
Duration:30 Hour(s)
Comment:
Exam code:DRE70051
Grading scale:Pass/fail
Resit:Examination when next scheduled course
Type of Assessment: 
Ordinary examination
Total weight: 
100
Workload activityDurationType of durationComment student effort
Group work / Assignments75Hour(s)Specified learning activities (including reading).
Self study75Hour(s)Autonomous student learning (including exam preparation).
Teaching30Hour(s)
Expected student effort:
Workload activity:Group work / Assignments
Duration:75 Hour(s)
Comment:Specified learning activities (including reading).
Workload activity:Self study
Duration:75 Hour(s)
Comment:Autonomous student learning (including exam preparation).
Workload activity:Teaching
Duration:30 Hour(s)
Comment:
Sum workload: 
180

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 6 ECTS credits corresponds to a workload of at least 160 hours.