Game Theory (ECON40010)
HonoursPoints: 12.5Dual-Delivery (Parkville)
Please refer to the return to campus page for more information on these delivery modes and students who can enrol in each mode based on their location.
Overview
| Availability | Semester 2 - Dual-Delivery |
|---|---|
| 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: 31 January 2024
Eligibility and requirements
Prerequisites
Admission into or selection of one of the following:
- BH-COM Bachelor of Commerce (Degree with Honours)
- Economics specialisation (formal) in the BH-ARTS Bachelor of Arts (Degree with Honours)
AND
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| ECON40001 | Advanced Microeconomics | Semester 1 (Online) |
12.5 |
Corequisites
None
Non-allowed subjects
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| ECON90022 | Game Theory | Semester 2 (Dual-Delivery - 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: 31 January 2024
Assessment
| Description | Timing | Percentage |
|---|---|---|
Take-home problem-set assignment 1
| Week 3 | 7.5% |
Take-home problem-set assignment 2
| Week 6 | 7.5% |
Take-home problem-set assignment 3
| Week 9 | 7.5% |
Take-home problem-set assignment 4
| Week 12 | 7.5% |
End-of-semester examination
| During the examination period | 70% |
Additional details
Important online examination information: This examination is the equivalent of a 2-hour assessment; however, students are provided with 3-hours to accommodate the time that will be required for typesetting of
mathematical expressions and the uploading of documents.
Last updated: 31 January 2024
Dates & times
- Semester 2
Principal coordinator Ivan Balbuzanov Mode of delivery Dual-Delivery (Parkville) Contact hours Three hours of lectures/seminars per week Total time commitment 170 hours Teaching period 26 July 2021 to 24 October 2021 Last self-enrol date 6 August 2021 Census date 31 August 2021 Last date to withdraw without fail 24 September 2021 Assessment period ends 19 November 2021 Semester 2 contact information
Time commitment details
170 Hours
Last updated: 31 January 2024
Further information
- Texts
- Available to Study Abroad and/or Study Exchange Students
Last updated: 31 January 2024