| Course Name | Game Theory |
| Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
|---|---|---|---|---|---|
| ECON 418 | Fall/Spring | 3 | 0 | 3 | 6 |
| Prerequisites |
| |||||||||||
| Course Language | English | |||||||||||
| Course Type | Elective | |||||||||||
| Course Level | First Cycle | |||||||||||
| Mode of Delivery | - | |||||||||||
| Teaching Methods and Techniques of the Course | - | |||||||||||
| Course Coordinator | ||||||||||||
| Course Lecturer(s) | ||||||||||||
| Assistant(s) | - | |||||||||||
| Course Objectives | The course aims to empower the student with the ability to analyze a problem regarding the Game Theory by making use of scientific economic tools, and offer policy proposals.Students are also expected to be able to scientifically criticize an article appearing in a newspaper or any other news media after taking this course or during the semester, not necessarily for exam purposes. That will prepare the student for the evercompetitive job market by helping them gain critical thinking in the scientific methodology. |
| Learning Outcomes | The students who succeeded in this course;
|
| Course Description | The course covers the analysis of strategic behaviors in everyday life. Most of the times, people and firms are in competition and have to behave strategically to maintain their best interests. Behaving strategically means that an agent must accept other’s existence and consider their decisions as well when deciding. Our best interest may harm others whom we are living with. The merit is to find a (the) best solution maximizing the utility under given conditions. |
| Related Sustainable Development Goals | |
|
| Core Courses | |
| Major Area Courses | X | |
| Supportive Courses | ||
| Media and Managment Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Required Materials |
| 1 | Introduction to Game Theory | |
| 2 | Static games with complete information | Game Theory for Applied Economists Chp:1 |
| 3 | Static games with complete information | Game Theory for Applied Economists Chp:1 |
| 4 | Static games with complete information | Game Theory for Applied Economists Chp:1 |
| 5 | Static games with complete information | Game Theory for Applied Economists Chp:1 |
| 6 | Dynamic games with complete information | Game Theory for Applied Economists Chp:2 |
| 7 | Dynamic games with complete Information | Game Theory for Applied Economists Chp:2 |
| 8 | Midterm | |
| 9 | Static games with incomplete information | Game Theory for Applied Economists Chp:3 |
| 10 | Static games with incomplete information | Game Theory for Applied Economists Chp:3 |
| 11 | Static games with incomplete information | Game Theory for Applied Economists Chp:3 |
| 12 | Static games with incomplete information | Game Theory for Applied Economists Chp:3 |
| 13 | Dynamic games with incomplete information | Game Theory for Applied Economists Chp:4 |
| 14 | Dynamic games with incomplete information | Game Theory for Applied Economists Chp:4 |
| 15 | Dynamic games with incomplete information | Game Theory for Applied Economists Chp:4 |
| 16 | Review of the Semester |
| Course Notes/Textbooks | Game Theory for Applied Economists, Robert Gibbons, Princeton University Press. |
| Suggested Readings/Materials | H. Scott Bierman and Luis Fernandez (1998) Game Theory with Economic Applications, Addison Wesley Press: Second Addition, USAAvinash K. Dixit and Barry J. Nalebuff (2002), Stratejik Düşünme, Sabancı University Press: Istanbul (Turkish Translation by Nermin Arık),John S. McGee (1988), Industrial Organization, Prentice Hall Press, USARobert S. Pindyck and Daniel Rubinfeld (1992), Microeconomics, McMillan: Second Addition, New York, USA (Game Theory Chapters Only)Orhan Çoban (2003) Endüstri İktisadı ve Oyun Teorisi: Rekabetin Analitik Bir İncelemesi, Ekin Press, Istanbul, Turkey |
| Semester Activities | Number | Weighting |
| Participation | 16 | |
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Portfolio | ||
| Homework / Assignments | ||
| Presentation / Jury | ||
| Project | ||
| Seminar / Workshop | ||
| Oral Exam | 1 | 25 |
| Midterm | 3 | 75 |
| Final Exam | ||
| Total |
| Weighting of Semester Activities on the Final Grade | 19 | 100 |
| Weighting of End-of-Semester Activities on the Final Grade | ||
| Total |
| Semester Activities | Number | Duration (Hours) | Workload |
|---|---|---|---|
| Course Hours (Including exam week: 16 x total hours) | 16 | 3 | 48 |
| Laboratory / Application Hours (Including exam week: 16 x total hours) | 16 | ||
| Study Hours Out of Class | 16 | 2 | 32 |
| Field Work | |||
| Quizzes / Studio Critiques | |||
| Portfolio | |||
| Homework / Assignments | |||
| Presentation / Jury | |||
| Project | |||
| Seminar / Workshop | |||
| Oral Exam | 1 | 10 | |
| Midterms | 3 | 25 | |
| Final Exams | |||
| Total | 165 |
| # | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
