ECC2610 Game theory and strategic thinking
Faculty of Business and Economics
ECC2610 Game theory and strategic thinking is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2024 in Semester 2 at Clayton. It needs ECS1101, ECB1101, ECW1101, ECC1000 or ECF1100.
- Credit points
- 6
- Offered in 2024
- Semester 2
- Clayton
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2027 entry.
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Requisites
Before ECC2610
After ECC2610
No unit lists ECC2610 as a prerequisite in the 2024 handbook.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Overview
Game theory offers a tool for strategic thinking. It can be thought of as the art of beating your rivals, knowing that they are trying to do the same to you. Individuals, firms, governments and nations behave strategically, for good and bad. Over the last few decades, game theory has been developed for the purpose of understanding social phenomena. It has become the major tool used by social scientists to understand, predict and regulate strategic interaction among agents who have conflicting interests. This unit provides an introduction to game theory with an emphasis on real-world cases, including applications in economics and business.
Offerings in 2024
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Clayton | On campus |
Assessment
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
identify real situations where game theory can be enlightening
- 2
put a real situation into game theoretical formalism
- 3
manipulate the formalism via game theory to reveal insights
- 4
comprehend and critically assess complex strategies.
Workload and teaching
- Workshops24 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Where it fits
ECC2610 is part of 1 area of study in the 2024 handbook.
Contacts
- Chief Examiners
- Professor Chongwoo Choe
Common questions
What are the prerequisites for ECC2610?
You need ECS1101, ECB1101, ECW1101, ECC1000 or ECF1100 before you enrol. Enrolment rules also apply.
When is ECC2610 offered?
In 2024, ECC2610 runs in Semester 2 at Clayton.
How much work is ECC2610?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECC2610 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include ECC2610?
ECC2610 is part of Economics.