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Research School of Economics · ANU College of Business and Economics
In many - perhaps most – economic, political, legal and social interactions, there is potential for strategic behavior, a term, “intended to focus on the interdependence of the adversaries' decisions and on their expectations about each other's behavior.” (Schelling, 1960, The Strategy of Conflict). Recognising and understanding such behavior is an essential part of any analyst’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 disciplines, such as economics, political science, military analysis, 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 almost all fields of social interaction. 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. This course should be of interest to students from any part of the University.
Assessment will involve a combination of quizzes, online and in-class questions, and a final examination where not all of these components may be used in any given semester. The exams may also include a range of question types: short answers, definitional questions, analytical problems and essays.
Learning outcomes 1, 2, 3, 4, 5
Group work, team-based activities during in-class exercises. Group work assessment will be compulsory. The weighting percentage will be published in the class summary.
Learning outcomes 2, 4
130 hours in total over the semester consisting of lectures, tutorials and private study time (130 hours in total)
See Class Summary