• Offered by Research School of Economics
  • ANU College ANU College of Business and Economics
  • Course subject Economics
Game theory provides a framework that helps to understand and analyse situations where many agents interact in a strategic setting, so that each agent’s well-being depends on the behavior of the other agents. Game-theoretic techniques have been widely used in many sciences, and have been successfully applied in almost every field of economics, including macroeconomics, industrial organization, public economics, and many others. In addition, recent applications of game theory have yielded important insights in many other disciplines, such as political science, law, biology, finance, and computer science.
 
The aim of this course is to introduce the main ideas of game theory at a level suitable for advanced later-year undergraduate students. The theory will be illustrated by way of examples and applications, which will primarily be drawn from economics and political science. While the level of the course will be introductory, and formal mathematical prerequisites are minimal, the presentation of the material will rely on precise definitions and models, as well as rigorous logical reasoning and analysis.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

  1. demonstrate an understanding of selected models and concepts of game theory.
  2. produce simple economic models with basic game theory and analyse these with the techniques and principles from class.
  3. demonstrate an understanding of articles that apply introductory game theory
  4. analyse many situations from a strategic viewpoint.

Indicative Assessment

  1. in class quizzes (15) [LO 1,2,3,4]
  2. Mid semester exam (35) [LO 1,2,3,4]
  3. Final Exam (50) [LO 1,2,3,4]

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Workload

10 hours of study per week including 2 hours of lectures and 1 hour of tutorials.

Inherent Requirements

Not applicable

Requisite and Incompatibility

ECON2125 or with the permission of the course convener. Incompatible with ECON8053.

Prescribed Texts

see class summary.

Majors

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
3
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
8009 27 Jul 2020 03 Aug 2020 31 Aug 2020 30 Oct 2020 In Person N/A

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