2023 unit information
Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.
1 x 3 hour seminar per week
This unit covers strategic behaviour of rational agents. Topics include strategic-form games with complete information and strategic-form games with incomplete information, dynamic games, equilibrium concepts for analysing these games. This unit will study Economics of Information and some introductory social choice theory, bargaining and cooperative game theory.
Be able to analyse micro data and understand their implications for underlying microeconomic activity.
GLO1: Discipline-specific knowledge capabilitiesGLO3: Digital literacyGLO4: Critical thinkingGLO5: Problem solving
Determine what factors affect individual choice in strategic environments and what determines how agents settle on group outcomes.
GLO4: Critical thinkingGLO5: Problem solving
Critically analyse and apply various equilibrium notions of strategic behaviour to economic, social and political problems.
Determine the effectiveness of government or other regulatory body policies under different situations.
Explain the impact of environmental attributes to on the ability of individuals to agree on efficient allocations.
GLO2: Communication GLO4: Critical thinkingGLO5: Problem solving
Apply game theoretic tools learned to analyse contemporary economic, social and political issues.
Assessment 1: (Individual) Report (Analytical) Problem Set
Assessment 2: (Individual) Report (Analytical) Problem Set
End of Unit Assessment Task: Written Report Test
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Hurdle requirement: Achieve at least 50% of the marks available on the end of unit assessment task to evidence a minimum proficiency in the aligned discipline learning outcomes included in this unit.
Texts and reading lists for units can be found on the University Library via the following link. Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
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