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MAE908 - Game Theory and Its Applications

Year:

2023 unit information

Enrolment modes:Trimester 2: Burwood (Melbourne)
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 2: Francisco Andre Alves da Silva
Cohort rule:This unit is only available to students enrolled in M820 - Master of Research (Business), M900 - Doctor of Philosophy
Previously:Microeconomic Theory Ii
Prerequisite:

Nil.

Corequisite:Nil
Incompatible with:

Nil

Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus:

1 x 3 hour seminar per week

Content

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.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes

ULO1

Be able to analyse micro data and understand their implications for underlying microeconomic activity.

GLO1: Discipline-specific knowledge capabilities
GLO3: Digital literacy
GLO4: Critical thinking
GLO5: Problem solving

ULO2

Determine what factors affect individual choice in strategic environments and what determines how agents settle on group outcomes.

GLO4: Critical thinking
GLO5: Problem solving

ULO3

Critically analyse and apply various equilibrium notions of strategic behaviour to economic, social and political problems.

GLO4: Critical thinking
GLO5: Problem solving

ULO4

Determine the effectiveness of government or other regulatory body policies under different situations.

GLO4: Critical thinking
GLO5: Problem solving

ULO5

Explain the impact of environmental attributes to on the ability of individuals to agree on efficient allocations.

GLO2: Communication GLO4: Critical thinking
GLO5: Problem solving

ULO6

Apply game theoretic tools learned to analyse contemporary economic, social and political issues.

GLO4: Critical thinking
GLO5: Problem solving

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week

Assessment 1: (Individual) Report (Analytical) Problem Set 

2000 words 

25% Information not yet available

Assessment 2: (Individual) Report (Analytical) Problem Set 

2000 words 

25% Information not yet available

End of Unit Assessment Task: Written Report Test

3-hours 50% End of Unit Assessment Period

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

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. 

Learning Resource

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.

Unit Fee Information

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