EMBA5129 STRATEGIC GAMES FOR MANAGERS
Course Code: |
8375129 |
METU Credit (Theoretical-Laboratory hours/week): |
1(1-0) |
ECTS Credit: |
3.0 |
Department: |
Executive Master Of Business Administration |
Language of Instruction: |
English |
Level of Study: |
Graduate |
Course Coordinator: |
|
Offered Semester: |
Fall or Spring Semesters. |
Course Content
This is an introductory course to game theory. Focus will be on making decisions in multi person settings that involve strategic interactions. Game theory is a mathematical tool that can be used in modeling strategic interactions. It is used in many disciplines including business, economics, biology, political science etc. We will concentrate on establishing a taxonomy that enables us to think in a systematic pattern in the face of interactive decision making situations. Although the math will be kept at the minimum level possible, some knowledge of probability and derivatives will be necessary. Also some knowledge of economics (especially micro) will be helpful.