• Offered by Research School of Economics
  • ANU College ANU College of Business and Economics
  • Course subject Economics
  • Academic career UGRD
  • Course convener
    • Dr Sander Heinsalu
  • Mode of delivery In Person
  • Offered in Second Semester 2019
    See Future Offerings

In many - perhaps most - economic interactions, there is potential for strategic behaviour, a term, “intended to focus on the interdependence of the adversaries' decisions and on their expectations about each other's behaviour” (Schelling, 1960, The Strategy of Conflict).   Recognising and understanding such behaviour is an essential part of any economist's toolkit and this course is designed to enable just such recognition and understanding. 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 provide an introduction to strategic thinking and analysis through the basic techniques of game theory and to illustrate the range of its applications in economics and business and other areas.  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.
 

Learning Outcomes

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

  1. recognise the strategic issues in a problem and demonstrate basic understanding of how a game theorist might decide on the appropriate tools to analyse it.
  2. demonstrate an understanding of the tools taught in class and be able to recognise their application to the analysis of simple real world situations.
  3. demonstrate an understanding of the underlying structure of games used in economics.
  4. demonstrate an understanding of simpler articles using game theory.

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

It is assumed that you are putting in a minimum of 10 hours of study per week; consisting of 3 hours of lectures, 1 hour of tutorials and 6 hours of individual study.

Inherent Requirements

Not applicable

Requisite and Incompatibility

Incompatible with ECON8053

You will need to contact the Research School of Economics to request a permission code to enrol in this course.

Prescribed Texts

see class summary

Specialisations

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
Domestic fee paying students
Year Fee
2019 $4140
International fee paying students
Year Fee
2019 $5460
Note: Please note that fee information is for current year only.

Offerings and Dates

The list of offerings for future years is indicative only

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
9037 22 Jul 2019 29 Jul 2019 31 Aug 2019 25 Oct 2019 In Person View

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