Economics (English)
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code: ECO401
Course Name: Game Theory
Semester: Fall
Course Credits:
ECTS
5
Language of instruction: English
Course Condition:
Does the Course Require Work Experience?: No
Type of course: Compulsory Courses
Course Level:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator: Doç. Dr. ÇİĞDEM GÜRSOY
Course Lecturer(s): Dr. Öğr. Üy. KEMAL GÖKHAN NALBANT
Course Assistants:

Course Objective and Content

Course Objectives: This course aims to provide students with a basic knowledge of game theory and experience in its applications.
Course Content: Nash equilibrium, static games, dynamic games, repeated games, strategies.

Learning Outcomes

The students who have succeeded in this course;
1) Make microeconomik analysis using game theory methods.
2) Use game theory methods when seeking solutions to practical problems.
3) Discuss on the applications of game theory within the context of also other social sciences in addition to economics.

Course Flow Plan

Week Subject Related Preparation
1) Introduction
2) Decision Theory
3) Notation of Games
4) Dominant Strategy
5) Rationality
6) Nash Equilibrium
7) MIDTERM
8) Mixed Strategies
9) Imperfect Competititon
10) Imperfect Competition - 2
11) Decision under Imperfect Information
12) Finite Repeated Games
13) Infinite Repeated Games
14) General Review

Sources

Course Notes / Textbooks: Lecture Notes
References: Lecture Notes

Course - Program Learning Outcome Relationship

Course Learning Outcomes

1

2

3
Program Outcomes
1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. 2 2 2
2) They have knowledge and skill about different functions and interactions of economy. 3 3 3
3) They use different theoretical approaches to comprehend and solve various economic problems. 3 3 3
4) They are aware of the needs of society and use their knowledge of economics to meet these needs. 2 2 2
5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy. 1 1 1
6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. 1 1 1
7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. 2 2 2
8) They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education. 2 2 2
9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship. 1 1 1
10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law. 1 1 1
11) Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them. 3 3 3
12) They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms. 3 3 3
13) They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License . 1 1 1

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Average 3 Highest
       
Program Outcomes Level of Contribution
1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. 3
2) They have knowledge and skill about different functions and interactions of economy. 3
3) They use different theoretical approaches to comprehend and solve various economic problems. 3
4) They are aware of the needs of society and use their knowledge of economics to meet these needs. 2
5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy. 1
6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. 1
7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. 2
8) They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education. 2
9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship. 1
10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law. 1
11) Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them. 3
12) They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms. 3
13) They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License . 1

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Quizzes 6 % 30
Midterms 1 % 30
Final 1 % 40
total % 100
PERCENTAGE OF SEMESTER WORK % 60
PERCENTAGE OF FINAL WORK % 40
total % 100

Workload and ECTS Credit Calculation

Activities Number of Activities Preparation for the Activity Spent for the Activity Itself Completing the Activity Requirements Workload
Course Hours 14 1 3 56
Quizzes 6 5 1 36
Midterms 1 15 1 16
Final 1 25 1 26
Total Workload 134