Economics of Information

When buyers know more than sellers, workers more than bosses, or bidders more than auctioneers, standard market logic breaks down — this course is about the tools economists built to handle that asymmetry. You'll work through the contract-theory canon (moral hazard, adverse selection, signaling) and then flip perspective to mechanism design, deriving results like revenue equivalence, the revelation principle, and Myerson-Satterthwaite, capped by a group research project. It sits at the bridge between micro theory and modern applications in auctions, regulation, and market design, and gives you the formal machinery that game-theory courses only gesture at.