In this reading group, we explore how modern economic theory models decision-making under uncertainty in dynamic environments. The sessions focus on foundational and contemporary approaches to coping with uncertainty — from rational expectations and Bayesian learning to robust control, ambiguity aversion, and model misspecification. The aim is to build a deeper understanding of how uncertainty shapes behavior, policy, and equilibrium outcomes in dynamic economic settings. Participants engage with both theoretical and quantitative frameworks through guided readings and discussion of recent research papers.
Advanced knowledge in microeconomic theory and / or mathematical finance.
| Frequency | Weekday | Time | Format / Place | Period | |
|---|---|---|---|---|---|
| weekly | Fr | 10-12 | 13.04.-24.07.2026 |
| Module | Course | Requirements | |
|---|---|---|---|
| 31-M-El1 Elective Courses 1 Elective Courses 1 | Chosen course from the group "Specialisation and deepening of the knowledge on economic theory and/or quantitative methods" 2 LP | Study requirement
|
Student information |
| 31-M-El2 Elective Courses 2 Elective Courses 2 | Chosen course from the group quantitative methods 2 LP | Study requirement
|
Student information |
| 31-M-El3 Elective Courses 3 Elective Courses 3 | Chosen course from the group economic theory 2 LP | Study requirement
|
Student information |
The binding module descriptions contain further information, including specifications on the "types of assignments" students need to complete. In cases where a module description mentions more than one kind of assignment, the respective member of the teaching staff will decide which task(s) they assign the students.
| Degree programme/academic programme | Validity | Variant | Subdivision | Status | Semester | LP | |
|---|---|---|---|---|---|---|---|
| Economics and Management (BiGSEM) / Promotion | Finance; Electives | 2 | |||||
| Economics and Management (BiGSEM) / Promotion | Management; Electives | 2 | |||||
| Economics and Management (BiGSEM) / Promotion | Economics; Electives | 2 | |||||
| Economics and Management (BiGSEM) / Promotion | Data Science; Electives | 2 |