STRATEGIC BEHAVIOUR IN BUSINESS ECONOMICS AND FINANCE
ECO2SBE
Not currently offered
Credit points: 15
Subject outline
Game theory is the study of strategic interaction. The focus is on situations in which individuals interact with one another in the knowledge that outcomes depend, at least in part, on each of their actions. Such situations arise naturally in the social sciences. In particular, game theory has had a significant impact in economics. Game theoretic models can now be found in most areas of economics. In this subject, students will learn the basic techniques that are used to model strategic interaction. They will also learn how to apply these techniques to a variety of problems that occur in business and economics. Some applications might also be drawn from the other social sciences.
Faculty: Faculty of Business, Economics and Law
Credit points: 15
Subject Co-ordinator: Damien Eldridge
Available to Study Abroad Students: Yes
Subject year level: Year Level 2 - UG
Exchange Students: Yes
Subject particulars
Subject rules
Prerequisites: ECO1IMI or ECO1DSM
Co-requisites: N/A
Incompatible subjects: N/A
Equivalent subjects: N/A
Special conditions: N/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Game theory for applied economics | Prescribed | Gibbons, R. | PRINCETON UNIVERSITY, USA, 1992 |