Sep 28, 2024
OHIO University Undergraduate Catalog 2023-2024
OHIO University Undergraduate Catalog 2023-2024
[Archived Catalog]
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ECON 3020 - Games and Economic Behavior
This course studies strategic interactions where each player seeks to anticipate the moves of the other players and each knows that the others are doing the same. The emphasis is on applications of game theory in economics, business and finance.
Requisites: ECON 1030 and Warning: No credit for both this course and the following (always deduct credit for first course taken): POLS 4070
Credit Hours: 3
Repeat/Retake Information: May be retaken two times excluding withdrawals, but only last course taken counts.
Lecture/Lab Hours: 3.0 lecture
Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I
Learning Outcomes:
- Students will be able to describe sequential and simultaneous move interactions.
- Students will be able to discuss interactions where some players have asymmetric information, and interactions involving threats, promises, and commitments.
- Students will be able to use the basic tools of game theory for modeling and solving strategic interactions.
- Students will be able to analyze applications of game theory in economics and other social sciences.
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