Course overview
This course deepens the critical thinking and logical reasoning used to explain and predict how economic agents behave in specific strategic situations, and therefore help policy success. Game theory, a mathematical framework, studies decision-making among interdependent subjects. It offers valuable insights into human interactions, guiding strategic decision-making and problem-solving across various domains. The course delves into standard equilibrium concepts like Nash Equilibrium and Subgame-Perfect Nash Equilibrium, employing real-world examples, case studies, and classroom experiments for illustration.
- Representations And Basic Assumptions
- Analysing Behaviour In Static Settings
- Analysing Behaviour In Dynamic Settings
- Information
Course learning outcomes
- Identify strategic situations and represent them as games
- Solve strategic situations using various and appropriate techniques
- Analyse economic situations using game theoretic techniques
- Recommend and prescribe which strategies to implement
Availability
Class details
Adelaide City Campus East
Class number 58631
Section WS01
Size 45
Available 45
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The Student Contribution amount displayed below is for students commencing a new program from 2021 onwards. If you are continuing in a program you commenced prior to 1 January 2021, or are commencing an Honours degree relating to an undergraduate degree you commenced prior to 1 January 2021, you may be charged a different Student Contribution amount from the amount displayed below. Please check the Student Contribution bands for continuing students here. If you are an international student, or a domestic student studying in a full fee paying place, and are continuing study that you commenced in 2025 or earlier, your fees will be available here before enrolments open for 2026.