ECON2004J Game Theory (J)

Academic Year 2021/2022


Game theory is a formal way of thinking about and analysing strategic situations. This module will provide the tools that will enable you to use game theory to analyse a range of different problems.
Through the analysis of many examples in a variety of contexts you will
1. learn how to take into account strategic interactions when making your own choices;
1. learn how to predict other people or organizations' behaviour when they are in strategic settings;
3. learn how to apply these tools to settings from economics and other disciplines.

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Curricular information is subject to change

Learning Outcomes:

On successful completion of this module, students should have:
1-An understanding of basic game theory concepts;
2-An ability to apply these tools to various real life and economic settings.


Indicative Module Content:

Topics covered include
Basic concepts of game theory
Simultaneous move games with pure strategies
Sequential Gamesver advantage
Simultaneous move games with mixed strategies
Evolutionary game theory
Strategic games
Bayesian Games

Student Effort Hours: 
Student Effort Type Hours
Lectures

36
Total

36
Approaches to Teaching and Learning:
The module comprises lectures and tutorials.
Students will be given regular problem sets to facilitate self-assessment and group work. During tutorials students will receive feedback on the problem sets via detailed solutions.
Some of the tutorials will be used to conduct class experiments to facilitate a deeper understanding of how decisions are made in strategic situations. 
Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Examination: Midterm test Week 8 No Standard conversion grade scale 40% No

40
Examination: End of semester exam 2 hour End of Trimester Exam No Alternative linear conversion grade scale 40% No

60

Carry forward of passed components
Yes
 
Remediation Type Remediation Timing
In-Module Resit Prior to relevant Programme Exam Board
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Group/class feedback, post-assessment
• Online automated feedback

How will my Feedback be Delivered?

Feedback: 1. Regular problem sets will be assigned throughout the semester for self-assessment; solutions will be posted on Brightspace and will be explained in detail during tutorials. 2. Solutions to midterm examination will be posted on Brightspace within 20 working days from the date of the midterm, and those students who wish to go over their midterm will be given an appointment for individual feedback. 3. Solutions to final examinations will be posted after final grades are released, and appointements will be given to those students wishing to review their exam and get individual feedback.

Name Role
Dr Lucy Liu Lecturer / Co-Lecturer