About this Course

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Advanced Level
Approx. 17 hours to complete
English

Learner Career Outcomes

20%

started a new career after completing these courses
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Advanced Level
Approx. 17 hours to complete
English

Offered by

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Stanford University

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The University of British Columbia

Syllabus - What you will learn from this course

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Week
1

Week 1

4 hours to complete

Social Choice

4 hours to complete
8 videos (Total 89 min), 1 reading, 4 quizzes
8 videos
1.1 Social Choice: Taste 3m
1.2 Social Choice: Voting Scheme 15m
1.3 Paradoxical Outcomes 9m
1.4 Impossibility of Non-Paradoxical Social Welfare Functions 5m
1.5 Arrow's Theorem 31m
1.6 Impossibility of Non-Pardoxical Social Choice Functions 7m
1.7 Single-Peaked Preferences 7m
1 reading
Syllabus10m
4 practice exercises
Problem Set 130m
Unit 1.2 Quiz30m
Unit 1.3 Quiz30m
Unit 1.5 Quiz30m
Week
2

Week 2

5 hours to complete

Mechanism Design

5 hours to complete
9 videos (Total 96 min), 1 reading, 6 quizzes
9 videos
2.2 Implementation 18m
2.3 Mechanism Design: Examples12m
2.4 Revelation Principle 9m
2.5 Revelation Principle: Examples5m
2.6 Impossibility of General Dominant-Strategy Implementation 11m
2.7 Transferable Utility 9m
2.8 Transferable Utility Example8m
2.9 Mechanism Design as an Optimization Problem 19m
1 reading
Reading on the theory of Mechanism Design10m
6 practice exercises
Problem Set 230m
Unit 2.2 Quiz30m
Unit 2.4 Quiz30m
Unit 2.6 Quiz30m
Unit 2.8 Quiz30m
Unit 2.9 Quiz30m
Week
3

Week 3

3 hours to complete

Efficient Mechanisms

3 hours to complete
6 videos (Total 83 min)
6 videos
3.2 VCG: Definitions 18m
3.3 VCG: Examples 7m
3.4 VCG: Limitations 11m
3.5 VCG: Individual Rationality and Budget Balance in VCG 16m
3.6 VCG: The Myerson-Satterthwaite Theorem 19m
4 practice exercises
Problem Set 330m
Unit 3.2 Quiz30m
Unit 3.3 Quiz30m
Unit 3.6 Quiz30m
Week
4

Week 4

4 hours to complete

Auctions

4 hours to complete
7 videos (Total 112 min)
7 videos
4.2 Auctions: Taxonomy 14m
4.3 Bidding in Second-Price Auctions 6m
4.4 Bidding in First-Price Auctions 13m
4.5 Revenue Equivalence 40m
4.6 Optimal Auctions 21m
4.7 More Advanced Auctions 12m
5 practice exercises
Problem Set 430m
Unit 4.2 Quiz30m
Unit 4.3 Quiz30m
Unit 4.4 Quiz30m
Unit 4.6 Quiz30m

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