Topics include asymmetric information, adverse selection, moral hazard, signaling, screening, mechanism design and contracting.

CILO-1: Analyze and evaluate the economic implications of information asymmetry and the role of information in market transactions. CILO-2: Apply economic theories and models to analyze the impact of regulation and public policy on information dissemination and utilization. CILO-3: Explain the concept of adverse selection, signaling, and moral hazard, and their implications for various economic actors and markets. CILO-4: Evaluate the economic impact of digital platforms and new information technologies on market structures, competition, and consumer welfare.