ECON8053 Strategic Thinking: An Introduction to Game Theory
| Offered By | School of Economics |
|---|---|
| Academic Career | Graduate Coursework |
| Course Subject | Economics |
| Offered in | Second Semester, 2009 and Second Semester, 2010 |
| Unit Value | 6 units |
| Course Description |
Game theory is sometimes defined as the study of conflict and cooperation between rational decision-makers. It provides a framework for analysing situations in which two or more individuals interact in a strategic setting, where each individual’s welfare depends on the behavior of the other individuals. Game theory has successfully been applied in a diverse range of fields, such as economics, political science, law, biology and computer science. The aim of this course is to introduce the main ideas of game theory. The theory will be illustrated by way of examples, which will primarily be drawn from economics and political theory. While the level of the course will be introductory, and mathematical prerequisites are minimal, the presentation of the material will rely on precise logical arguments. Prior acquaintance with economic modeling is helpful, but is not a requirement for the course. |
| Learning Outcomes | Game theory provides a framework for analysing situations in which two or more individuals interact in a strategic setting, where each individual's welfare depends on the behavior of the other individuals. The aim of this course is to introduce the main ideas of game theory. The theory will be illustrated by way of examples, which will primarily be drawn from economics and political science. While the level of the course will be introductory, the presentation of the material will rely on precise logical arguments. |
| Indicative Assessment |
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| Workload | 12 hours per week |
| Course Classification(s) | AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs. |
| Areas of Interest | Economics |
| Eligibility | At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree with introductory level courses in Economics, Statistics and Econometrics |
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Assumed Knowledge and Required Skills |
Prior acquaintance with economic modeling is helpful, but is not a requirement for the course. |
| Prescribed Texts |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8053
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| Preliminary Reading |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8053
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| Indicative Reading List |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8053
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| Programs | Graduate Diploma in Applied Economics, Graduate Diploma in Economic Policy, Graduate Diploma in Economics, Master of Applied Economics, Master of Economic Policy, Master of Economics of Development, Master of International and Development Economics, and Master of Economics |
| Other Information |
For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8053 |
| Academic Contact | See http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8053 |
The information published on the Study at ANU 2009 website applies to the 2009 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2008 website.
