Game Theory (ECON424) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Game Theory ECON424 3 0 0 3 6
Pre-requisite Course(s)
Course Language English
Course Type N/A
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion.
Course Coordinator
Course Lecturer(s)
  • Prof. Dr. Tolga Omay
Course Assistants
Course Objectives 1. To study the strategic behavior among parties having opposed, mixed or similar interests. 2. To endow how to recognize and model strategic situations 3. To make students to learn to set up the games and to solve the games
Course Learning Outcomes The students who succeeded in this course;
  • To provide sufficient knowledge of game theory to understand strategic interactions among people or organizations in order to maximize their own payoffs
  • To model and solve the games
Course Content Elements of a game, sequential moves, simultaneous moves, combining simultaneous and sequential moves, mixed strategies.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Presentation of the course, Introduction and General Principles Dixit and Skeath, pp. 3-14
2 How to Think about Strategic Games Dixit and Skeath, pp. 17-38
3 Sequential Moves, I Dixit and Skeath, pp. 45-60
4 Sequential Moves, II Dixit and Skeath, pp. 60-72.
5 Simultaneous Moves, Discrete Strategies I Dixit and Skeath, pp. 83-100.
6 Simultaneous Moves, Discrete Strategies II Dixit and Skeath, pp. 100-113
7 Simultaneous Moves, Continuous Strategies I Dixit and Skeath, pp. 123-135.
8 Simultaneous Moves, Continuous Strategies II Dixit and Skeath, pp. 135-151
9 Midterm
10 Combining simultaneous and sequential moves Dixit and Skeath, pp. 156-176
11 Mixed strategies, Zero-Sum Games I Dixit and Skeath, pp. 185-200.
12 Mixed strategies, Zero-Sum Games II Dixit and Skeath, ss. 200-216.
13 Mixed strategies, Non-Zero-Sum Games I Dixit and Skeath pp. 233-244
14 Mixed strategies, Non-Zero-Sum Games II Dixit and Skeath pp. 244-257
15 Repeated Games Dixit and Skeath, pp. 345-372
16 Final Exam


Course Book 1. Microeconomic Theory: An Integrated Approach; Stephen Mathis and Janet Koscianski; Prentice Hall; New Jersey; 2002.
Other Sources 2. Microeconomic Theory: Basic Principles and Extensions, Walter Nicholson , 9th Edition, Thomson Learning, Australia et. al.,2004.
3. Intermediate Microeconomics, Hal R. Varian, 5th Edition, W. W. Norton  Company, New York and London, 2005.

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation 1 10
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments - -
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 35
Final Exam/Final Jury 1 50
Toplam 3 95
Percentage of Semester Work 50
Percentage of Final Work 50
Total 100

Course Category

Core Courses X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Has the ability to apply scientific knowledge gained in the undergraduate education and to expand and extend knowledge in the same or in a different area
2 Can apply gained knowledge and problem solving abilities in inter-disciplinary research
3 Has the ability to work independently within research area, to state the problem, to develop solution techniques, to solve the problem, to evaluate the obtained results and to apply them when necessary
4 Takes responsibility individually and as a team member to improve systematic approaches to produce solutions in unexpected complicated situations related to the area of study
5 Can develop strategies, implement plans and principles on the area of study and can evaluate obtained results within the framework
6 Can develop and extend the knowledge in the area and to use them with scientific, social and ethical responsibility
7 Has the ability to follow recent developments within the area of research, to support research with scientific arguments and data, to communicate the information on the area of expertise in a systematically by means of written report and oral/visual presentation
8 To have an oral and written communication ability in at least one of the common foreign languages ("European Language Portfolio Global Scale", Level B2)
9 Has software and hardware knowledge in the area of expertise, and has proficient information and communication technology knowledge
10 Follows scientific, cultural, and ethical criteria in collecting, interpreting and announcing data in the research area and has the ability to teach.
11 Has professional ethical consciousness and responsibility which takes into account the universal and social dimensions in the process of data collection, interpretation, implementation and declaration of results in mathematics and its applications.

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Special Course Internship
Field Work
Study Hours Out of Class 16 6 96
Presentation/Seminar Prepration
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 2 2
Prepration of Final Exams/Final Jury 1 2 2
Total Workload 148