Game Theory (ECON424) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Game Theory ECON424 Area Elective 3 0 0 3 6
Pre-requisite Course(s)
N/A
Course Language English
Course Type Elective Courses
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

Sources

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 Acquires skills to use the advanced theoretical and applied knowledge obtained at the mathematics bachelors program to do further academic and scientific research in both mathematics-based graduate programs and public or private sectors.
2 Transplants and applies the theoretical and applicable knowledge gained in their field to the secondary education by using suitable tools and devices.
3 Acquires the skill of choosing, using and improving problem solving techniques which are needed for modeling and solving current problems in mathematics or related fields by using the obtained knowledge and skills.
4 Acquires analytical thinking and uses time effectively in the process of deduction.
5 Acquires basic software knowledge necessary to work in the computer science related fields and together with the skills to use information technologies effectively.
6 Obtains the ability to collect data, to analyze, interpret and use statistical methods necessary in decision making processes.
7 Acquires the level of knowledge to be able to work in the mathematics and related fields and keeps professional knowledge and skills up-to-date with awareness in the importance of lifelong learning.
8 Takes responsibility in mathematics related areas and has the ability to work affectively either individually or as a member of a team.
9 Has proficiency in English language and has the ability to communicate with colleagues and to follow the innovations in mathematics and related fields.
10 Has the ability to communicate ideas with peers supported by qualitative and quantitative data.
11 Has professional and 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
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 16 6 96
Presentation/Seminar Prepration
Project
Report
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