Information Package / Course Catalogue
| Course Code | : ECON318 |
| Course Type | : Area Elective |
| Couse Group | : First Cycle (Bachelor's Degree) |
| Education Language | : Turkish |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
This course aims to introduce students to the basic concepts and applications of decision theory and game theory and to teach them how individuals and firms can optimize their strategic decision-making processes.
The course starts with an introduction to decision theory, basic reasoning strategies, uncertainty and expected utility theory. It also covers types of risk and anomalies, game theory and strategy, complete information and incomplete information games, mixed strategies, repeated games, auctions and bargaining theory.
| Res. Assist. Sidre Gül Bige GÖCEKLİ |
| 1. | Explain the fundamental concepts and reasoning strategies of decision theory. |
| 2. | Comprehend the basic concepts of game theory and strategic thinking processes. |
| 3. | Demonstrate how mixed strategies are constructed and applied in game theory. |
| 4. | Analyze static and dynamic games with complete information and incomplete information. |
| 5. | Demonstrate how individuals and firms can optimize their strategic decision-making. |
| 6. | Analyze real life problems using game theory models and propose solutions. |
| 1. | Ensar Yılmaz, (2022). Oyun Teorisi. Literatür Yayıncılık. |
| 2. | Khalik G. Guseinov, Emrah Akyar, Serkan A. Düzce, (2014). Oyun Teorisi Çatışma ve Anlaşmanın Matematiksel Modelleri. Seçkin Yayıncılık. |
| 3. | Hakan Karabacak, (2021). Oyun Teorisi Strateji Analizi için Yönetsel Bir Araç. Siyasal Kitabevi. |
| 4. | Robert Gibbons, (1992). Game Theory for Applied Economists. Princeton University Press. |
| 5. | Martin J. Osborne, (2003). An Introduction to Game Theory. Oxford University Press. |
| Type of Assessment | Count | Percent |
|---|---|---|
| Midterm Examination | 1 | %20 |
| Final Examination | 1 | %60 |
| Quiz | 2 | %20 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 3 | 3 | 84 |
| Quiz | 2 | 5 | 1 | 12 |
| Midterm Examination | 1 | 7 | 2 | 9 |
| Final Examination | 1 | 20 | 3 | 23 |
| TOTAL WORKLOAD (hours) | 128 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | PÇ-8 | PÇ-9 | PÇ-10 | |
OÇ-1 | 1 | 2 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 |
OÇ-2 | 3 | 4 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 |
OÇ-3 | 2 | 4 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 |
OÇ-4 | 1 | 2 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 1 |
OÇ-5 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
OÇ-6 | 3 | 4 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 |