Game Theory (ECON424) Course Detail

Course Name	Course Code	Season	Lecture Hours	Application Hours	Lab Hours	Credit	ECTS
Game Theory	ECON424	Area Elective	3	0	0	3	6

Pre-requisite Course(s)
N/A

Course Language	English
Course Type	Elective Courses
Course Level	Bachelor’s Degree (First Cycle)
Mode of Delivery	Face To Face
Learning and Teaching Strategies	Lecture, Discussion.
Course Coordinator
Course Lecturer(s)	Prof. Dr. Tolga Omay
Course Assistants
Course Objectives	1. To study the strategic behavior among parties having opposed, mixed or similar interests. 2. To endow how to recognize and model strategic situations 3. To make students to learn to set up the games and to solve the games
Course Learning Outcomes	The students who succeeded in this course; To provide sufficient knowledge of game theory to understand strategic interactions among people or organizations in order to maximize their own payoffs To model and solve the games
Course Content	Elements of a game, sequential moves, simultaneous moves, combining simultaneous and sequential moves, mixed strategies.

Weekly Subjects and Releated Preparation Studies

Week	Subjects	Preparation
1	Presentation of the course, Introduction and General Principles	Dixit and Skeath, pp. 3-14
2	How to Think about Strategic Games	Dixit and Skeath, pp. 17-38
3	Sequential Moves, I	Dixit and Skeath, pp. 45-60
4	Sequential Moves, II	Dixit and Skeath, pp. 60-72.
5	Simultaneous Moves, Discrete Strategies I	Dixit and Skeath, pp. 83-100.
6	Simultaneous Moves, Discrete Strategies II	Dixit and Skeath, pp. 100-113
7	Simultaneous Moves, Continuous Strategies I	Dixit and Skeath, pp. 123-135.
8	Simultaneous Moves, Continuous Strategies II	Dixit and Skeath, pp. 135-151
9	Midterm
10	Combining simultaneous and sequential moves	Dixit and Skeath, pp. 156-176
11	Mixed strategies, Zero-Sum Games I	Dixit and Skeath, pp. 185-200.
12	Mixed strategies, Zero-Sum Games II	Dixit and Skeath, ss. 200-216.
13	Mixed strategies, Non-Zero-Sum Games I	Dixit and Skeath pp. 233-244
14	Mixed strategies, Non-Zero-Sum Games II	Dixit and Skeath pp. 244-257
15	Repeated Games	Dixit and Skeath, pp. 345-372
16	Final Exam

Sources

Course Book	1. Microeconomic Theory: An Integrated Approach; Stephen Mathis and Janet Koscianski; Prentice Hall; New Jersey; 2002.
Other Sources	2. Microeconomic Theory: Basic Principles and Extensions, Walter Nicholson , 9th Edition, Thomson Learning, Australia et. al.,2004.
	3. Intermediate Microeconomics, Hal R. Varian, 5th Edition, W. W. Norton  Company, New York and London, 2005.

Evaluation System

Requirements	Number	Percentage of Grade
Attendance/Participation	1	10
Laboratory	-	-
Application	-	-
Field Work	-	-
Special Course Internship	-	-
Quizzes/Studio Critics	-	-
Homework Assignments	-	-
Presentation	-	-
Project	-	-
Report	-	-
Seminar	-	-
Midterms Exams/Midterms Jury	1	35
Final Exam/Final Jury	1	50
Toplam	3	95

Percentage of Semester Work	50
Percentage of Final Work	50
Total	100

Course Category

Core Courses	X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

#	Program Qualifications / Competencies	Level of Contribution
#	Program Qualifications / Competencies	1	2	3	4	5
1	Having the conceptual and applied knowledge about the basic functions of the business and gaining the ability to use the knowledge
2	To be able to diagnose the problems related to the field of business, to use scientific approaches effectively in the solution of problems and decision-making processes.
3	To be able to reveal and analyze the environmental, social, global effects and legal consequences of the applications related to the basic functions of the business.
4	To be able to analyze information and reports that concern businesses at the national, regional and global level, to set strategic goals according to the results obtained
5	Gain the ability to use, report and interpret Business Information Systems and sub-modules required by business management
6	Planning necessary activities such as starting a new business with innovative and creative thinking and taking risks for the sustainability of the business, finding resources, making market analysis, preparing a business plan, and using the learned information in this direction.
7	Being aware of the fact that the research and learning process continues throughout life, to be able to follow the scientific and technological developments related to the business, to support oneself and the organization in innovation and continuous development.
8	To have the necessary leadership and managerial skills to achieve business objectives effectively and efficiently.
9	To be able to conduct scientific research in the field of business and report the results of the research to be used in managerial decision-making processes.
10	To be able to transfer information about the field of business using effective verbal, written and visual communication methods in the language of learning and professional English
11	To be aware of professional ethics, environmental awareness, sustainability, social responsibility, cultural, social and universal values
12	Working effectively with different disciplines or multicultural teams, taking responsibility, making risk analysis, adapting to change, critical thinking and using initiative in problem solving
13	.

ECTS/Workload Table

Activities	Number	Duration (Hours)	Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)	16	3	48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class	16	6	96
Presentation/Seminar Prepration
Project
Report
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury	1	2	2
Prepration of Final Exams/Final Jury	1	2	2
Total Workload			148