Spring 2021 - ECON 302 D100

Microeconomic Theory II: Strategic Behavior (4)

Class Number: 4301

Delivery Method: In Person

Overview

  • Course Times + Location:

    Tu 12:30 PM – 2:20 PM
    REMOTE LEARNING, Burnaby

    Fr 12:30 PM – 1:20 PM
    REMOTE LEARNING, Burnaby

  • Exam Times + Location:

    Apr 23, 2021
    12:00 PM – 3:00 PM
    REMOTE LEARNING, Burnaby

  • Prerequisites:

    ECON 201 or 301; 60 Units.

Description

CALENDAR DESCRIPTION:

Aspects of microeconomic theory concerned with strategic behavior, imperfect information, and market failure. Topics include game theory and oligopoly; uncertainty and insurance; asymmetric information and market power, externalities and public goods, together with related issues in welfare economics. Quantitative.

COURSE DETAILS:

This course will introduce students to game theory and strategic behavior. Game theory is an essential part of an economist’s toolbox.  It has wide applications in all branches of economics, as well as other disciplines such as political science, biology, and psychology. We will cover topics like choice under uncertainty, game theory (simultaneous move games, sequential move games, games of asymmetric information, bargaining games) and its applications, and market failure (market power, public goods and externalities).

 

Educational Goals: 

  • Identify non-competitive markets and the implication.
  • Understand strategic behaviors including the Nash Equilibrium.
  • Understand the implication of asymmetric information.
  • Understand the implication of public goods and externalities.

Grading

  • Quizzes 10%
  • MobLab activities 5%
  • Opinion piece 10%
  • Three midterms 35%
  • Final 40%

Materials

RECOMMENDED READING:

H. Varian, Intermediate Microeconomics: With Calculus, First Edition, W. Norton, 2014.

 


ISBN: 9780393123982

Department Undergraduate Notes:

Please note that, as per Policy T20.01, the course requirements (and grading scheme) outlined here are subject to change up until the end of the first week of classes.

Final exam schedules will be released in February. This will allow students to avoid enrollment conflicts, and will significantly reduce instances of exam hardship. If your course has a final exam, please ensure that you are available during the final exam period of April 14 - 26 until you receive confirmation of your exam dates. 

Students requiring accommodations as a result of a disability must contact the Centre for Accessible Learning (CAL) at 778-782-3112 or caladmin@sfu.ca.

***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***

Registrar Notes:

ACADEMIC INTEGRITY: YOUR WORK, YOUR SUCCESS

SFU’s Academic Integrity web site http://www.sfu.ca/students/academicintegrity.html is filled with information on what is meant by academic dishonesty, where you can find resources to help with your studies and the consequences of cheating.  Check out the site for more information and videos that help explain the issues in plain English.

Each student is responsible for his or her conduct as it affects the University community.  Academic dishonesty, in whatever form, is ultimately destructive of the values of the University. Furthermore, it is unfair and discouraging to the majority of students who pursue their studies honestly. Scholarly integrity is required of all members of the University. http://www.sfu.ca/policies/gazette/student/s10-01.html

TEACHING AT SFU IN SPRING 2021

Teaching at SFU in spring 2021 will be conducted primarily through remote methods. There will be in-person course components in a few exceptional cases where this is fundamental to the educational goals of the course. Such course components will be clearly identified at registration, as will course components that will be “live” (synchronous) vs. at your own pace (asynchronous). Enrollment acknowledges that remote study may entail different modes of learning, interaction with your instructor, and ways of getting feedback on your work than may be the case for in-person classes. To ensure you can access all course materials, we recommend you have access to a computer with a microphone and camera, and the internet. In some cases your instructor may use Zoom or other means requiring a camera and microphone to invigilate exams. If proctoring software will be used, this will be confirmed in the first week of class.

Students with hidden or visible disabilities who believe they may need class or exam accommodations, including in the current context of remote learning, are encouraged to register with the SFU Centre for Accessible Learning (caladmin@sfu.ca or 778-782-3112).