Summer 2023 - ECON 302 D100
Microeconomic Theory II: Strategic Behavior (4)
Class Number: 2739
Delivery Method: In Person
Course Times + Location:
Mo 12:30 PM – 2:20 PM
SSCK 9500, Burnaby
We 12:30 PM – 1:20 PM
AQ 3182, Burnaby
Exam Times + Location:
Aug 15, 2023
7:00 PM – 10:00 PM
SWH 10081, Burnaby
Prerequisites:ECON 201 with a minimum grade of C-; 60 units.
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.
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).
- Midterm 1 25%
- Midterm 2 25%
- Final Exam 50%
Any of the following textbooks (any edition is fine):
- Varian, H. R., Intermediate Microeconomics, W. W. Norton.
- Besanko and Braeutigam, Microeconomics, Wiley.
- Perloff,Microeconomics: Theory and Applications with Calculus, Pearson Education.
- McAfee and Lewis, Introduction to Economic Analysis, Saylor Foundation. https://open.umn.edu/opentextbooks/textbooks/47
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 during the second month of classes. If your course has a final exam, please ensure that you are available during the entire final exam period 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 firstname.lastname@example.org.
***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***
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