Facts about the course
- ECTS Credits:
- Responsible department:
- Faculty of Business Administration and Social Sciences
- Course Leader:
- Andrew Muteti Musau
- Lecture Semester:
- Teaching language:
- ½ year
BØK750 Decision and Game Theory (Autumn 2021)
About the course
Game theory attempts to model strategic behavior in situations where the outcome depends on the actions of several participants. The aim of this course is to provide an overview of the modeling of such strategic situations.
The course is connected to the following study programs
- Master in Economics and Business Administration
Basic knowledge of calculus and probability theory is an advantage. Participation in SØK710 Industrial Organization can be a benefit, but not a prerequisite.
The student's learning outcomes after completing the course
Upon completion of the course, students will have:
solid knowledge of theories and principles for analysis of decision making under uncertainty and under strategic interaction.
Upon completion of the course, students will be able to:
apply economic analysis to understand decision making under uncertainty and strategic interaction
apply game theoretic methods to understand behavior and outcomes in situations where agents have different objectives, action possibilities and information
Upon completion of the course, students will:
be able to apply these methods to relevant economic problems
Forms of teaching and learning
Classroom lectures. 2 two-hour sessions per week.
Coursework requirements - conditions for taking the exam
Mandatory coursework: Assignment(s)
Courseworks given: 2
Courseworks required: 2
Comment: There will be two mandatory assignments. Both need to be passed to take the final exam.
Form of assessment: Written school assessment - Inspera
Duration: 2 Hours
Grading scale: Letter (A - F)
Support material: Only general dictionary in mother tongue/Norwegian/English in paper version