SØK3008 - Incentives, Information and Labor contracts


New from the academic year 2020/2021

Examination arrangement

Examination arrangement: Home exam
Grade: Letters

Evaluation Weighting Duration Grade deviation Examination aids
Home exam 100/100 4 hours

Course content

The first part of the course provides an introduction to incentive theory with special emphasis on the actors' behavior in situations with incomplete and asymmetric information. Examples of applications of the theory from different markets are given. The second part of the course addresses issues related to contracts between company management and workers, risk sharing, and reward- and incentive systems in companies.

Learning outcome

You learn and should understand
- key incentive theory applied to situations with incomplete and asymmetric information
- the importance of optimal employment contracts and reward- and incentive systems in companies
You should be able to
- formulate and solve problems related to the actor's behavior in situations with incomplete information
- discuss and give good advice on designing contracts and incentive systems in companies
General competence
You should be able to
- understand key mechanisms and results in reports and research articles addressing topics discussed in the course
- use the course content as a basis for own work, including the master's thesis

Learning methods and activities

2 hours of lectures every week, and 2 hours of practical assignments every other week.
The course has compulsory activity that will be announced at the beginning of the term.

Compulsory assignments

  • Compulsory aktivity

Further on evaluation

4 hours written school exam

Specific conditions

Compulsory activities from previous semester may be approved by the department.

Required previous knowledge


Course materials

Announced at the beginning of the term.

Credit reductions

Course code Reduction From To
SØK3005 5.0 01.09.2020
More on the course



Version: 1
Credits:  7.5 SP
Study level: Second degree level


Term no.: 1
Teaching semester:  SPRING 2021

Language of instruction: Norwegian

Location: Trondheim

Subject area(s)
  • Economics
Contact information
Course coordinator:

Department with academic responsibility
Department of Economics


Examination arrangement: Home exam

Term Status code Evaluation Weighting Examination aids Date Time Digital exam Room *
Spring ORD Home exam (1) 100/100





Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
  • 1) Merk at eksamensform er endret som et smittevernstiltak i den pågående koronasituasjonen. Please note that the exam form has changed as a preventive measure in the ongoing corona situation.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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