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Game Theory (ECON40010)
HonoursPoints: 12.5On Campus (Parkville)
For information about the University’s phased return to campus and in-person activity in Winter and Semester 2, please refer to the on-campus subjects page.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 2
Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.
Overview
Availability | Semester 2 |
---|---|
Fees | Look up fees |
The subject provides a rigorous introduction to non-cooperative game theory and the economics of asymmetric information. The solution concepts covered include dominant strategies, as well as Nash, subgame perfect, Bayesian Nash and weak sequential equilibria.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Model and solve strategic and extensive games with perfect or imperfect information;
- Recognise and critically evaluate the applications of game-theoretic models within economics;
- Use these analytical tools to understand situations where decision-makers interact.
Generic skills
-
High level of development: written communication; problem solving; team work; statistical reasoning; application of theory to practice; critical thinking; receptiveness to alternative ideas.
-
Moderate level of development: collaborative learning.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Admission into BH-COM or BH-ARTS (Economics) and
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON40001 | Advanced Microeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
Students may not gain credit for both
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON40010 | Game Theory | Semester 2 (On Campus - Parkville) |
12.5 |
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON90022 | Game Theory | Semester 2 (On Campus - Parkville) |
12.5 |
Recommended background knowledge
Please refer to Prerequisites and Corequisites.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Due to the impact of COVID-19, assessment may differ from that published in the Handbook. Students are reminded to check the subject assessment requirements published in the subject outline on the LMS
Description | Timing | Percentage |
---|---|---|
Mid-semester examination. Please see below
| Mid semester | N/A |
End-of-semester examination. Please see below
| During the examination period | N/A |
Homework assignment consisting of four or five problems
| Week 3 | 5% |
Homework assignment consisting of four or five problems
| Week 6 | 5% |
Homework assignment consisting of four or five problems
| Week 9 | 5% |
Homework assignment consisting of four or five problems
| Week 12 | 5% |
Additional details
- A 1.5-hour mid-semester examination and
- A 2-hour end-of-semester examination (totalling 80% and split between the mid-semester and the final exam as the maximum of either 15% for the mid-semester plus 65% for the final exam or 35% for the mid-semester plus 45% for the final exam, depending on each student’s relative performance in the two examinations)
Last updated: 3 November 2022
Dates & times
- Semester 2
Principal coordinator Ivan Balbuzanov Mode of delivery On Campus (Parkville) Contact hours Three hours of lectures/seminars per week Total time commitment 170 hours Teaching period 3 August 2020 to 1 November 2020 Last self-enrol date 14 August 2020 Census date 21 September 2020 Last date to withdraw without fail 16 October 2020 Assessment period ends 27 November 2020 Semester 2 contact information
Time commitment details
170 Hours
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022