Course Details

ECON 226 - Introduction to Game Theory

Game Theory is the study of strategic interactions between individuals, firms, politicians, governments, et cetera. Game theory is also a set of tools used in economics to analyze all sorts of situation where the outcome for an individual in a situation depends not only on their own choice of action, but on the actions of all active players. This course is an introduction to game theory. We will introduce the basic concepts of game theory and will develop strategic methods for determining the optimal strategies, outcomes, and equilibriums of games. A variety of games will be analyzed, played, and discussed, where we will apply our theory into practice, and to enhance your critical and strategical thinking. Topics that will be covered in this course include strategic form games, mixed strategy games, extensive form games, repeated games, and signaling games.
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