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EC 325

Game Theory And Economics

Many important economic problems can be represented by mathematical game models because each agent's welfare depends on other agent's choices as well as on his own. Examples include the firm's price and output decisions in oligopolistic markets and the "free rider" problem. This course introduces the student to game theoretic methods for analyzing both static and dynamic versions of such problems. Prerequisites: EC260 or EC270. Exclusions: EC310f/EC360f.

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Prerequisites

EC 220 (Min. Grade D-) or EC 260 (Min. Grade D-) or EC 270 (Min. Grade D-)

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Restrictions

Must be enrolled in one of the following Levels:Undergraduate (UG)Must be enrolled in one of the following Majors:Applied Economics (APEC)Economics and Accounting (ECAC)Economics and Financial Mgmt (ECFN)Economics (ECON)Must be enrolled in one of the following Year Levels:Year 3 (3)Year 4 (4)Year 5 (5)