Academic Catalog

ECON443 GAME THEORY AND ITS APPLICATIONS

Course Code: 3110443
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 6.0
Department: Economics
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator: Assoc.Prof.Dr. ESMA GAYGISIZ LAJUNEN
Offered Semester: Fall and Spring Semesters.

Course Content

This course consists of two separate parts. The first part of the course is devoted to the techniques of non-cooperative game theory. After introducing the basic solution concepts in game theory the second part of the course focuses on the macroeconomic applications of game theory focusing upon the interrelationships among monetary and fiscal policy makers and wage setters in a national or an international context..