IGESS (Institute for Global Economics and Social Sciences)

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ECN300CA（経済学 / Economics 300）
Micro Economics B

Toshiyuki HIRAI

Class code etc
Faculty/Graduate school IGESS (Institute for Global Economics and Social Sciences)
Attached documents
Year 2024
Class code K6769
Previous Class code
Previous Class title
Term 秋学期授業/Fall
Day/Period 月3/Mon.3
Class Type
Campus 多摩 / Tama
Classroom name 212
Grade 3～4
Credit(s) 2
Notes
Open Program
Open Program (Notes)
Global Open Program ○
Interdepartmental class taking system for Academic Achievers
Interdepartmental class taking system for Academic Achievers (Notes)
Class taught by instructors with practical experience
SDGs CP
Urban Design CP
Diversity CP
Learning for the Future CP
Carbon Neutral CP
Chiyoda Campus Consortium
Category Advanced Courses／専門科目
Disciplinary Courses／IGESS科目
Ⅳ. Global Issues
Faculty Sponsored Department Economics

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Outline and objectives

This course provides lectures for elementary game theory, which is essential for economic analysis. Students also learn some basic economic applications.

Goal

By the end of the course, students are expected to:
A) understand the concepts of game theory and become able to explain them;
B) become able to capture real-life economic phenomenon by game theory, if applicable;
C) become able to analyze simple games.

Which item of the diploma policy will be obtained by taking this class?

ディプロマポリシーのうち、経済学科は「DP1」「DP7」「DP8」「DP9」に関連。国際経済学科・現代ビジネス学科は「DP1」「DP7」に関連。

Default language used in class

英語 / English

Method(s)（学期の途中で変更になる場合には、別途提示します。 /If the Method(s) is changed, we will announce the details of any changes. ）

The classes will be held in-class. Class handouts will be available at Hoppii. Students will be assigned online assignments, which will be available at Hoppii. Feedbacks for the online assignments are also delivered through Hoppii.

Active learning in class (Group discussion, Debate.etc.)

なし / No

Fieldwork in class

なし / No

Schedule

授業形態/methods of teaching：対面/face to face

※各回の授業形態は予定です。教員の指示に従ってください。

1[対面/face to face]：Introduction, Mathematical preparation

Description of the course; Mathematical preparation

2[対面/face to face]：Strategic form game (1)

Strategic games; Bimatrix representation.

3[対面/face to face]：Strategic form game (2)

Best response strategies; Nash equilibrium.

4[対面/face to face]：Strategic form game (3)

(Weak) dominant strategies; Second-price auction.

5[対面/face to face]：Strategic form game (4)

Mixed strategies; Mixed strategy Nash equilibrium.

6[対面/face to face]：Extensive form game (1)

Extensive form games; Subgames.

7[対面/face to face]：Extensive form game (2)

Subgame perfect equilibrium; Backward induction.

8[対面/face to face]：Extensive form game (3)

Repeated games.

9[対面/face to face]：Application: oligopoly (1)

Quantity competitions.

10[対面/face to face]：Application: oligopoly (2)

Price competitions.

11[対面/face to face]：Application: oligopoly (3)

Cartel.

12[対面/face to face]：Application: Public good provision (1)

Voluntary contributions to public good provision.

13[対面/face to face]：Public good provision (2)

VCG mechanism.

14[対面/face to face]：Summary

Summary

Work to be done outside of class (preparation, etc.)

Before/after each class, students are expected to spend four hours to understand the class content.

Textbooks

N/A

References

To be announced.

Grading criteria

Final exam 80%; Online assignments 20%

Changes following student comments

N/A

Equipment student needs to prepare

Students should have some familiarity with Hoppii.