Course Details

GAME THEORY

ECON442

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Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS Credits
8ECON442GAME THEORY3+0+034

Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program ECONOMICS
Type of Program Formal Education
Type of Course Unit Elective
Course Delivery Method Face To Face
Objectives of the Course Providing a general introduction to game theory.
Introducing the concept of Nash Equilibrium.
Developing hands on experience on the construction of games from various interactions.
Forming a game theoretical basis for analyzing, understanding and predicting the outcomes of various interactions.
Course Content The course is designed to introduce and examine the fundamentals of equilibrium concepts and related tools in games of complete and incomplete information. Different types of games and existing classifications for these games are introduced. Concepts of Nash equilibrium, Pareto-efficiency, best-response analysis, maximinminimax methods, solving games with sequential and simultaneous moves, and related subjects are examined throughout the course.
Course Methods and Techniques -
Prerequisites and co-requisities None
Course Coordinator None
Name of Lecturers Associate Prof.Dr. UMUT TÜRK umut.turk@agu.edu.tr
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources -
-


Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Yarıyıl İçi Çalışmalarının Başarı Notunun Katkısı 1 % 40
Final examination 1 % 60
Total
2
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Tartışma 14 1 14
Yazılı Sınav 1 3 3
Ev Ödevi 10 2 20
Okuma 14 3 42
Derse Devam 14 3 42
Final Sınavı 1 3 3
Total Work Load   Number of ECTS Credits 4 124

Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Distinguish simultaneous and sequential games
2 Determine Nash equilibrium (if any) in various types of games
3 Analyze the implications of Nash equilibrium and Pareto Efficiency
4 Solve mixed and continuous games


Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Introduction to Game Theory
2 Static Games of Complete Information I – Concepts and Representation
3 Static Games of Complete Information II – Nash Equilibrium
4 Mixed Strategy Equilibrium
5 Pareto Efficiency and Social Optimum
6 Comparative Statics and Strategic Behavior
7 Midterm Review + Problem Solving Workshop
8 Midterm Exam
9 Dynamic Games of Perfect Information – Extensive Form
10 Repeated Games and Strategies Over Time
11 Dynamic Games of Incomplete Information – Bayesian Games
12 Signaling and Screening Games
13 Advanced Applications + Case Studies
14 Final Presentations


Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10
C1 1 2 4 4 3 5 5 2 3 5
C2 1 2 4 1 1 5 5 2 2 3
C3 5 5 3 5 5 1 5 3 5 3
C4 5 5 3 5 5 1 5 3 5 3

Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant


https://sis.agu.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=72359&lang=en
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