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Game Theory and Business Strategy - ECON2112
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Science students
 
Faculty: Faculty of Business
 
 
School:  School of Economics
 
 
Course Outline: http://www.economics.unsw.edu.au/
 
 
Campus: Kensington Campus
 
 
Career: Undergraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.125 (more info)
 
 
Contact Hours per Week: 3
 
 
Enrolment Requirements:
 
 
Prerequisite: ECON1101
 
 
Fee Band: 2 (more info)
 
 
Further Information: See Class Timetable
 
 

Description

Outlines the basic tools and concepts in game theory and explores its applicability to a wide variety of real business situations. Business decision-making is inherently strategic and game theory shows what outcomes occur when agents interact strategically with one another. Applications from auction theory, industrial organisation, labour and environmental economics and public policy are examined.

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