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MAE908 - Game Theory and Its Applications

Year:	2024 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, M900
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. This will include educator guided online learning activities within the unit site.
Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:	1 x 2 hour on-campus lecture and 1 x 1 hour on-campus seminar each 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	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

The texts and reading list for the unit can be found on the University Library at the link here: MAE908 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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