EC943-7-AT-CO:
Game Theory and Applications

The details
2022/23
Economics
Colchester Campus
Autumn Special
Postgraduate: Level 7
Current
Thursday 06 October 2022
Friday 16 December 2022
20
19 April 2023

 

Requisites for this module
(none)
(none)
EC903
(none)

 

(none)

Key module for

(none)

Module description

Game theoretic methodology is widely used in economics, and in some areas of the discipline provides the basic tool of analysis. This course seeks to familiarise students with the main game theoretic concepts applied in modern economics, and in particular the various so-called solution concepts - Nash equilibrium, subgame perfect equilibrium, Bayesian equilibrium and (weak) perfect Bayesian equilibrium.

These concepts will be illustrated via a variety of economic models from areas such as industrial organisation, public goods, bargaining, and labour markets.

Module aims

The aim of this module is to enable students to formulate game-theoretic models of various socio-economic phenomena, and to analyse such models using appropriate techniques in order to gain understanding of the phenomena under study.

Module learning outcomes

Key employability skills delivered by the module include time management, self management, reflection and evaluation.

Module information

No additional information available.

Learning and teaching methods

One 2 hour lecture per week plus one 1 hour class per week. Feedback for this module will occur through class meetings where we will go over the answers to problem sets and where you will be able to ask questions about your own method of solution; answers that will be posted on the website for the module that will give you written guidance on the appropriate method to approach the problems, assignments, and tests; and office hours where any additional questions can be addressed. You should be sure that you use these methods to understand how to improve your own performance.

Bibliography

This module does not appear to have a published bibliography for this year.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting
Coursework   Mid-term test    100% 
Exam  Main exam: In-Person, Open Book, 120 minutes during January 
Exam  Reassessment Main exam: In-Person, Open Book, 120 minutes during Summer (Main Period) 

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Coursework Exam
50% 50%

Reassessment

Coursework Exam
0% 100%
Module supervisor and teaching staff
Prof Rossella Argenziano, email: r.argenziano@essex.ac.uk.
Lectures & Classes: Prof Rossella Argenziano
For further information, send an email message to pgteco@essex.ac.uk.

 

Availability
No
No
No

External examiner

Dr Domenico Moro
university of Birmingham
Lecturer
Resources
Available via Moodle
No lecture recording information available for this module.

 

Further information
Economics

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