Two - Year Master Degree in Economics

-using the basic tools and results to pose, formalize and analyse a single-person or multi-person decision problem 

-knowing the extent to which the results obtained in the previous step are dependent on the assumption that s/he has made about the preferences, information and behavior of actors in the problem

-knowing therefore the extent to which the results are robust to different assumptions on preferences, information and behavior

-being able to think about possible and useful generalizations of the posited model(s)

-being able to communicate such findings using appropriate and clear mathematical notation and language

The course grade is determined solely on the basis of written examinations.  The objective of the examination is to test the student's ability to do the following:

1) Present briefly the main ideas, concepts and results developed in the course, also explaining intuitively the meaning and scope of the definitions and the arguments behind the validity of the results 

2) Use effectively the concepts and the result to answer questions in Economics and related areas --e.g., using a specific decision model to make a policy prescription.

Practicalities:

There are 5 possible exam sessions in each academic year. The first session takes place during the first semester (while the course is being taught), and it is administered in early December in a single comprehensive examination. The remaining four sessions (from January until September) work the same way.

Each exam lasts 165 minutes, and it is typically articulated in 4 questions, roughly half of which are about the Decisions part of the course and half about the Games part of the course. Some of the questions have an essay part, and some of the questions also have a more practical ("exercise") part. Each question is scored between 20 and 40 points, and the maximum score for the exam is typically 120. The final score in 120ths is computed, and it is transformed into 30ths, taking also into account the general class performance in the two exams (i.e, giving some weight to relative, as well as absolute performance).