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AI2136 Economics of Real Estate and Financial Services Contracts 7.5 credits

Course offerings are missing for current or upcoming semesters.
Headings with content from the Course syllabus AI2136 (Spring 2010–) are denoted with an asterisk ( )

Content and learning outcomes

Course contents

The economics of contracts and game theory as well as applications of theory to real estate contracts, employment contracts as well as financial contracts.

Intended learning outcomes

The overall aim of this course is to give you a better understanding of the economics of contracts and how to apply this knowledge to practical situations involving real estate and financial services contracts. After you have finished the course you should be able to:•   
Describe the notion and consequences of asymmetric information; Identify situations characterized by hidden action and situations characterized by hidden characteristics, making in-depth descriptions of the problems that may arise and suggest solutions to these problems; You should be able to do this for situations occurring in real life and base your reasoning on sound theoretical grounds; Describe and identify situations where complete contracts are not feasible, explain why and suggest solutions based on theory.

Literature and preparations

Specific prerequisites

Corporate Finance or equivalent

Recommended prerequisites

No information inserted

Equipment

No information inserted

Literature

George Hendrikse: Ecomomics and Management of Organizations – Co-ordination, Motivation and Strategy (Ch. 1-10). Selected chapters from Milgrom & Roberts: Economics, Organization and Management (Ch.14-15

Examination and completion

If the course is discontinued, students may request to be examined during the following two academic years.

Grading scale

A, B, C, D, E, FX, F

Examination

  • INL1 - Assignment, 3.0 credits, grading scale: P, F
  • TEN1 - Examination, 4.5 credits, grading scale: A, B, C, D, E, FX, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Opportunity to complete the requirements via supplementary examination

No information inserted

Opportunity to raise an approved grade via renewed examination

No information inserted

Examiner

Ethical approach

  • All members of a group are responsible for the group's work.
  • In any assessment, every student shall honestly disclose any help received and sources used.
  • In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

Further information

Course room in Canvas

Registered students find further information about the implementation of the course in the course room in Canvas. A link to the course room can be found under the tab Studies in the Personal menu at the start of the course.

Offered by

Main field of study

This course does not belong to any Main field of study.

Education cycle

Second cycle

Add-on studies

No information inserted

Contact

Svante Mandell, tel: 08-790 8011, e-post: svante.mandell@abe.kth.se