ECON223-20SU2 (C) Summer Nov 2020 start

Introduction to Game Theory for Business, Science and Politics

15 points

Details:
Start Date: Monday, 9 November 2020
End Date: Sunday, 13 December 2020
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 15 November 2020
  • Without academic penalty (including no fee refund): Sunday, 29 November 2020

Description

ECON223 is an introduction to game theory. Game theory itself is the science that studies strategic interaction, the interplay of competition and cooperation between rational, intelligent people. This course is introductory and non-mathematical, emphasizing a small number of key strategic ideas and principles that you will learn through hands-on, interactive playing and analyzing simple stylized examples. The course is multidisciplinary, with examples drawn from social behavior in economics, business, politics, management, history, sociology, psychology, and biology. Completion of first year university in any field is the only prerequisite.

Learning Outcomes

  • The objectives of the course are:
  • Describe the basic components and assumptions of games.
  • Describe the set of strategies available to players in a sequential game.
  • Understand the concepts of Nash equilibrium, dominant strategy and dominated strategy.
  • Model and use backward induction to solve sequential games in extensive form.

Prerequisites

Any 60 points

Course Coordinator

Richard Watt

Lecturer

Amogh Prakasha Kumar

Assessment

Assessment Due Date Percentage 
Quizz 27 Nov 2020 40%
Assignment 08 Dec 2020 30%
Quizz 12 Dec 2020 30%

Textbooks / Resources

Recommended Reading

Joseph E. Harrington, Jr; Games, Strategies and Decision Making ;

Indicative Fees

Domestic fee $822.00

International fee $3,688.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Department of Economics and Finance .

All ECON223 Occurrences

  • ECON223-20SU2 (C) Summer Nov 2020 start
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