FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

Asymmetric information occurs when one party has more or better information than another, moral hazard arises when this imbalance changes behavior after an agreement, and signaling involves actions taken to credibly convey private information to reduce uncertainty.

Enroll
Hero Image

Learn

Shape

Course curriculum

    1. Introduction to Asymmetric Information

    2. Asymmetric Information and Used Cars

    3. Asymmetric Information and Health Insurance

    4. Adverse Selection

    5. Moral Hazard

    6. Solutions to Moral Hazard

    7. Signaling (a Response to Asymmetric Information)

    8. Screening (the Opposite of Signaling)

    9. Real-World Applications

    10. Exogenous vs. Endogenous Variables

    11. Asymmetric Information, Moral Hazard, and Signaling Quiz

    12. The Moral Hazard of Government

Additional Market Failure and Strategic Behavior Modules

Economics Olympiad Prep Modules

Use these modules to prepare for success in the Economics Olympiad competition.