| ECONOMICS | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| ECO4211 | Game Theory and Strategy | Spring | 3 | 0 | 3 | 4 |
| The course opens with the approval of the Department at the beginning of each semester |
| Language of instruction: | En |
| Type of course: | Non-Departmental Elective |
| Course Level: | Bachelor |
| Mode of Delivery: | Hybrid |
| Course Coordinator : | Dr. Öğr. Üyesi BORA ERDAMAR |
| Course Lecturer(s): |
Assoc. Prof. EMİN KÖKSAL Assoc. Prof. BÜLENT ANIL Dr. Öğr. Üyesi BORA ERDAMAR |
| Course Objectives: | The course aims to give students an intermediate level treatment of game theory to solve basic game theoretical problems. |
|
The students who have succeeded in this course; 1. Defines the basic assumptions of game theory 2. Defines prisoners’ dilemma 3. Defines Nash equilibrium 4. Analyzes dominant and dominated strategies 5. Infers possible outcome of a static game 6. Defines dynamic games 7. Describes backward induction method 8. Infers possible outcome of a static game 9. Models strategic interaction of firms in oligopolistic market structure 10 Models strategic interaction of countries in for environmental agreements |
| Static and dynamic games, Oligopoly, Entry deterrence, Environmental agreements, Experimental economics |
| Week | Subject | Related Preparation | |
| 1) | Introduction & basic assumptions | ||
| 2) | Static games 1 | ||
| 3) | Static games 2 | ||
| 4) | Dynamic games 1 | ||
| 5) | Dynamic games 2 | ||
| 6) | Dynamic games 3 | ||
| 7) | Review | ||
| 8) | Oligopoly 1 | ||
| 9) | Oligopoly 2 | ||
| 10) | Entry deterrence1 | ||
| 11) | Entry deterrence 2 | ||
| 12) | Enviromental agreements 1 | ||
| 13) | Enviromental agreements 2 | ||
| 14) | Enviromental agreements 3 | ||
| Course Notes: | Game Theory, Graham ROMP, Oxford University Press |
| References: | - |
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | % 0 | |
| Laboratory | % 0 | |
| Application | % 0 | |
| Field Work | % 0 | |
| Special Course Internship (Work Placement) | % 0 | |
| Quizzes | 8 | % 25 |
| Homework Assignments | % 0 | |
| Presentation | % 0 | |
| Project | % 0 | |
| Seminar | % 0 | |
| Midterms | 1 | % 30 |
| Preliminary Jury | % 0 | |
| Final | 1 | % 45 |
| Paper Submission | % 0 | |
| Jury | % 0 | |
| Bütünleme | % 0 | |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 55 | |
| PERCENTAGE OF FINAL WORK | % 45 | |
| Total | % 100 | |
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 14 | 3 | 42 |
| Laboratory | 0 | 0 | 0 |
| Application | 0 | 0 | 0 |
| Special Course Internship (Work Placement) | 0 | 0 | 0 |
| Field Work | 0 | 0 | 0 |
| Study Hours Out of Class | 14 | 4 | 56 |
| Presentations / Seminar | 0 | 0 | 0 |
| Project | 0 | 0 | 0 |
| Homework Assignments | 0 | 0 | 0 |
| Quizzes | 8 | 1 | 8 |
| Preliminary Jury | 0 | ||
| Midterms | 1 | 20 | 20 |
| Paper Submission | 0 | ||
| Jury | 0 | ||
| Final | 1 | 20 | 20 |
| Total Workload | 146 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | As a world citizen, she is aware of global economic, political, social and ecological developments and trends. | |
| 2) | He/she is equipped to closely follow the technological progress required by global and local dynamics and to continue learning. | |
| 3) | Absorbs basic economic principles and analysis methods and uses them to evaluate daily events. | |
| 4) | Uses quantitative and statistical tools to identify economic problems, analyze them, and share their findings with relevant stakeholders. | |
| 5) | Understands the decision-making stages of economic units under existing constraints and incentives, examines the interactions and possible future effects of these decisions. | |
| 6) | Comprehends new ways of doing business using digital technologies. and new market structures. | |
| 7) | Takes critical approach to economic and social problems and develops analytical solutions. | |
| 8) | Has the necessary mathematical equipment to produce analytical solutions and use quantitative research methods. | |
| 9) | In the works he/she contributes, observes individual and social welfare together and with an ethical perspective. | |
| 10) | Deals with economic problems with an interdisciplinary approach and seeks solutions by making use of different disciplines. | |
| 11) | Generates original and innovative ideas in the works she/he contributes as part of a team. |