Description of Individual Course Units
 Course Unit Code Course Unit Title Type of Course Unit Year of Study Semester Number of ECTS Credits 11320103T11742 INTRODUCTION TO GAME THEORY Elective 3 6 5
Level of Course Unit
First Cycle
Language of Instruction
Turkish
Objectives of the Course
This theory course seeks to promote methodological thinking. Through careful examinations of crucial game concepts and close analyses of one or more games, participants will learn to understand game elements and their function.
Name of Lecturer(s)
Learning Outcomes
 1 To be able to understand concept and elements of game theory. 2 To be able formulate mathematical function of game theory models. 3 To be able to analyze relation between economic agent in the game theory frame. 4 To be able to follow game theory literature.
Mode of Delivery
Face to Face
Prerequisites and co-requisities
None
Recommended Optional Programme Components
None
Course Contents
To describe, classification, and formulate of the games, Zero-sum game, positive-sum game and repeated games, Solutions of games: minimax and maximin, Static Games of Complete Information, Normal form representation of games and Nash Equilibrium, Definition of Nash Equilibrium and Dominated Strategies, Mixed Strategies and Equilibrium, Dynamic Games of Complete Information, Two-stage games of complete but Imperfect Information, Two-stage repeated games, Nash Equilibrium on repeated games.
Weekly Detailed Course Contents
 Week Theoretical Practice Laboratory 1 To describe, classification, and formulate of the games Reading 2 Zero-sum game, positive-sum game and repeated games Solutions of games: minimax and maximin Reading 3 Static Games of Complete Information Normal form representation of games and Nash Equilibrium, Definition of Nash Equilibrium and Dominated Strategies Reading 4 Static Games of Complete Information Normal form representation of games and Nash Equilibrium, Definition of Nash Equilibrium and Dominated Strategies, Illustration: Cournot Model Reading 5 Mixed Strategies and Equilibrium Mixed strategies, existence of Nash equilibrium and Dominated Strategies Reading 6 Dynamic Games of Complete Information Dynamic games of complete and perfect information: Theory Stackelberg Model Reading 7 Dynamic Games of Complete Information Two-stage games of complete but Imperfect Information: Theory Tariffs and International Competition Reading 8 Midterm Exam 9 Repeated Games Two-stage repeated games: Theory Infinitely repeated games Nash Equilibrium on repeated games Illustration: Collusion between Cournot Duopolists Efficiency wages and Time-consistent monetary policy Reading and research homework 10 Repeated Games Two-stage repeated games: Theory Infinitely repeated games Nash Equilibrium on repeated games Illustration: Collusion between Cournot Duopolists Efficiency wages and Time-consistent monetary policy Reading and research homework 11 Presentation and discussion Presentation and discussion 12 Presentation and discussion Presentation and discussion 13 Presentation and discussion Presentation and discussion 14 Presentation and discussion Presentation and discussion 15 Presentation and discussion Presentation and discussion 16 Final Exam
Gibbons, Robert, Game Theory for Applied Economists, Princeton University 41, New Jersey,1992. Bakoğlu, H. Oyun Teorisi, Ege Üniversitesi Basımevi, Bornova- İzmir, 1991. Friedman, James,(1990) Game Theory with Applications to Economics, 2nd ed., Oxford University Press. McMillan, John, (1992) Games, Strategies, and Managers. Oxford: Oxford University Press. Osborne Martin J. (2004), An Introduction to Game Theory, Oxford University Press, New York
Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"
Assessment Methods and Criteria
 Term (or Year) Learning Activities Quantity Weight SUM 0 End Of Term (or Year) Learning Activities Quantity Weight SUM 0 SUM 0
Work Placement(s)
None