Course coordinator
Dr Vera te Velde
Course overview
- Study period
- Summer Semester, 2024 (25/11/2024 - 08/02/2025)
- Study level
- Undergraduate
- Location
- External
- Attendance mode
- Online
- Units
- 2
- Administrative campus
- St Lucia
- Coordinating unit
- Economics School
The way that economists think about strategic situations is through the application of game theory. One aim of the course is to teach you some strategic considerations to take into account when making your own choices. A second aim is to predict how other people or organizations behave when they are in strategic settings. We will see that these aims are closely related. We will learn new concepts, methods and terminology. A third aim is to apply these tools to settings from economics and other disciplines. The course will emphasize examples.
Non-cooperative game theory is the principal method that economists use to think about and analyseﾠstrategic situations.ﾠThis course willﾠintroduce you to many of the main concepts, methods and terminology of game theory and show how these tools may be applied to settings from economics and other disciplines. The course will use examples and applications to motivate concepts.
Course requirements
Assumed background
Knowledge of microeconomics up to the level of ECON1010, as well as simple univariate calculus is assumed.
Prerequisites
You'll need to complete the following courses before enrolling in this one:
ECON1010 or 1011
Course contact
School enquiries
Student Enquiries, School of Economics
All enquiries regarding student and academic administration (i.e. non-course content information, e.g., class allocation, timetables, extension to assessment due date, etc.) should be directed to enquiries@economics.uq.edu.au.
Enquiries relating specifically to course content should be directed to the Course Coordinator/Lecturer.
Course staff
Lecturer
Dr Vera te Velde
Timetable
The timetable for this course is available on the UQ Public Timetable.
Additional timetable information
It is important that you attend tutorials for this course.
Tutorials commence in Teaching Week 2.
The timetable is published through the UQ Public Timetable found in the APPs section of myUQ. Students should refer to the timetable prior to the commencement of classes to ensure that they have the most up to date information, as from time to time late room changes may occur.
Please see the Learning Activities section of this Course Profile for the timetabling implications of public holidays.
Public Holidays: Wednesday 25 December (Christmas Day), Thursday 26 December (Boxing Day), Wednesday 1 January (New Year's Day)
In-Semester Break: Monday 23 December - Wednesday 1 January. Classes recommence Thursday 2 January.
Aims and outcomes
The way that economists think about strategic situations is through the application of game theory.
The aims of the course are:
1. To teach you some strategic considerations to take into account when making your own choices.
2. To predict how other people or organizations behave when they are in strategic settings.ﾠ
3. To apply these tools to settings from economics and other disciplines.ﾠ
We will see that these aims are closely related. We will learn new concepts, methods and terminology.ﾠThe course will use examples and applications to motivate concepts.ﾠ
Learning outcomes
After successfully completing this course you should be able to:
LO1.
Identify strategic considerations facing decision makers.
LO2.
Recognise tools and concepts of game theory.
LO3.
Predict how people or organizations in strategic settings will behave.
LO4.
Apply game theoretic tools and concepts to a variety of settings in economics and other disciplines.
Assessment
Assessment summary
| Category | Assessment task | Weight | Due date |
|---|---|---|---|
| Quiz | Online Test 1 | 25% |
11/12/2024 - 12/12/2024
Test 1 will be opened on Blackboard at 4pm Wednesday and closed at 4pm Thursday. The test is timed: you can start the test anytime, 60 minutes timer will start once you start the test (one-hour timer within a 24-hour period). Detailed test instructions are provided on Blackboard. |
| Quiz | Online Test 2 | 25% |
18/12/2024 - 19/12/2024
Test 2 will be opened on Blackboard at 4pm Wednesday and closed at 4pm Thursday. The test is timed: you can start the test anytime, 60 minutes timer will start once you start the test (one-hour timer within a 24-hour period). Detailed test instructions are provided on Blackboard. |
| Quiz | Online Test 3 | 25% |
8/01/2025 - 9/01/2025
Test 3 will be opened on Blackboard at 4pm Wednesday and closed at 4pm Thursday. The test is timed: you can start the test anytime, 60 minutes timer will start once you start the test (one-hour timer within a 24-hour period). Detailed test instructions are provided on Blackboard. |
| Quiz | Online Test 4 | 25% |
5/02/2025 - 6/02/2025
Test 4 will be opened on Blackboard at 4pm Wednesday and closed at 4pm Thursday. The test is timed: you can start the test anytime, 60 minutes timer will start once you start the test (one-hour timer within a 24-hour period). Detailed test instructions are provided on Blackboard. |
Assessment details
Online Test 1
- Mode
- Activity/ Performance
- Category
- Quiz
- Weight
- 25%
- Due date
11/12/2024 - 12/12/2024
Test 1 will be opened on Blackboard at 4pm Wednesday and closed at 4pm Thursday.
The test is timed: you can start the test anytime, 60 minutes timer will start once you start the test (one-hour timer within a 24-hour period).
Detailed test instructions are provided on Blackboard.
- Learning outcomes
- L01, L02, L03, L04
Task description
Test 1 covers material from lectures and tutorials 1-2 and the required readings. The test window will be open on Blackboard for 24 hours. You can start the test anytime in this window and you will have 60 minutes to complete the test once you start.
Detailed test instructions are provided on Blackboard.
Use of AI
This task has been designed to be challenging, authentic and complex. Whilst students may use Al technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance.
Submission guidelines
The test is posted and answered on Blackboard.
Deferral or extension
You may be able to apply for an extension.
Requests for the granting of extensions must be submitted through my.UQ: Applying for an extension - my.UQ - University of Queensland with supporting documentation before the submission due date/time. If an extension is approved, the new agreed date for submission will be noted on the application and the student notified through their student email. Extensions cannot exceed the number of days you suffered from a medical condition, as stated on the medical certificate. In order to provide feedback to the class in a timely manner, the maximum extension possible is 4 calendar days.
Late submission
Without an approved extension, a penalty of 100% will be applied if you do not attempt the quiz before the deadline.
Online Test 2
- Mode
- Activity/ Performance
- Category
- Quiz
- Weight
- 25%
- Due date
18/12/2024 - 19/12/2024
Test 2 will be opened on Blackboard at 4pm Wednesday and closed at 4pm Thursday.
The test is timed: you can start the test anytime, 60 minutes timer will start once you start the test (one-hour timer within a 24-hour period).
Detailed test instructions are provided on Blackboard.
- Learning outcomes
- L01, L02, L03, L04
Task description
Test 2 covers material from lectures and tutorials 3-5 and the required readings. The test window will be open on Blackboard for 24 hours. You can start the test anytime in this window and you will have 60 minutes to complete the test once you start.
Detailed test instructions are provided on Blackboard.
Use of AI
This task has been designed to be challenging, authentic and complex. Whilst students may use Al technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance.
Submission guidelines
The test is posted and answered on Blackboard.
Deferral or extension
You may be able to apply for an extension.
Requests for the granting of extensions must be submitted through my.UQ: Applying for an extension - my.UQ - University of Queensland with supporting documentation before the submission due date/time. If an extension is approved, the new agreed date for submission will be noted on the application and the student notified through their student email. Extensions cannot exceed the number of days you suffered from a medical condition, as stated on the medical certificate. In order to provide feedback to the class in a timely manner, the maximum extension possible is 4 calendar days.
Late submission
Without an approved extension, a penalty of 100% will be applied if you do not attempt the quiz before the deadline.
Online Test 3
- Mode
- Activity/ Performance
- Category
- Quiz
- Weight
- 25%
- Due date
8/01/2025 - 9/01/2025
Test 3 will be opened on Blackboard at 4pm Wednesday and closed at 4pm Thursday.
The test is timed: you can start the test anytime, 60 minutes timer will start once you start the test (one-hour timer within a 24-hour period).
Detailed test instructions are provided on Blackboard.
- Learning outcomes
- L01, L02, L03, L04
Task description
Test 3 covers material from lectures and tutorials 6-8 and the required readings. The test window will be open on Blackboard for 24 hours. You can start the test anytime in this window and you will have 60 minutes to complete the test once you start.
Detailed test instructions are provided on Blackboard.
Use of AI
This task has been designed to be challenging, authentic and complex. Whilst students may use Al technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance.
Submission guidelines
The test is posted and answered on Blackboard.
Deferral or extension
You may be able to apply for an extension.
Requests for the granting of extensions must be submitted through my.UQ: Applying for an extension - my.UQ - University of Queensland with supporting documentation before the submission due date/time. If an extension is approved, the new agreed date for submission will be noted on the application and the student notified through their student email. Extensions cannot exceed the number of days you suffered from a medical condition, as stated on the medical certificate. In order to provide feedback to the class in a timely manner, the maximum extension possible is 4 calendar days.
Late submission
Without an approved extension, a penalty of 100% will be applied if you do not attempt the quiz before the deadline.
Online Test 4
- Mode
- Activity/ Performance
- Category
- Quiz
- Weight
- 25%
- Due date
5/02/2025 - 6/02/2025
Test 4 will be opened on Blackboard at 4pm Wednesday and closed at 4pm Thursday.
The test is timed: you can start the test anytime, 60 minutes timer will start once you start the test (one-hour timer within a 24-hour period).
Detailed test instructions are provided on Blackboard.
- Learning outcomes
- L01, L02, L03, L04
Task description
Test 4 covers material from all Modules, but with a focus on lectures and tutorials 9-12 and the required readings. The test window will be open on Blackboard for 24 hours. You can start the test anytime in this window and you will have 60 minutes to complete the test once you start.
Detailed test instructions are provided on Blackboard.
Use of AI
This task has been designed to be challenging, authentic and complex. Whilst students may use Al technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance.
Submission guidelines
The test is posted and answered on Blackboard.
Deferral or extension
You may be able to apply for an extension.
Requests for the granting of extensions must be submitted through my.UQ: Applying for an extension - my.UQ - University of Queensland with supporting documentation before the submission due date/time. If an extension is approved, the new agreed date for submission will be noted on the application and the student notified through their student email. Extensions cannot exceed the number of days you suffered from a medical condition, as stated on the medical certificate. In order to provide feedback to the class in a timely manner, the maximum extension possible is 4 calendar days.
Late submission
Without an approved extension, a penalty of 100% will be applied if you do not attempt the quiz before the deadline.
Course grading
Full criteria for each grade is available in the Assessment Procedure.
| Grade | Cut off Percent | Description |
|---|---|---|
| 1 (Low Fail) | 0% - 29% |
Absence of evidence of achievement of course learning outcomes. |
| 2 (Fail) | 30% - 46% |
Minimal evidence of achievement of course learning outcomes. |
| 3 (Marginal Fail) | 47% - 49% |
Demonstrated evidence of developing achievement of course learning outcomes |
| 4 (Pass) | 50% - 64% |
Demonstrated evidence of functional achievement of course learning outcomes. |
| 5 (Credit) | 65% - 74% |
Demonstrated evidence of proficient achievement of course learning outcomes. |
| 6 (Distinction) | 75% - 84% |
Demonstrated evidence of advanced achievement of course learning outcomes. |
| 7 (High Distinction) | 85% - 100% |
Demonstrated evidence of exceptional achievement of course learning outcomes. |
Additional course grading information
A student's final overall end of semester percentage mark will be rounded to determine their final grade. For example, 64.5% rounds to 65%, while 64.4% rounds to 64%.
Supplementary assessment
Supplementary assessment is available for this course.
Additional assessment information
Plagiarism
The School of Economics is committed to reducing the incidence of plagiarism. Further information on plagiarism and how to avoid an allegation of plagiarism is available in this course profile under Policies & Guidelines. Please refer to the Academic Integrity Module (AIM). It is strongly recommended that you complete the AIM if you have not already done so.
SUBMISSION OF ASSIGNMENTS:
All assignments must be submitted by the due date and time stated in the course profile. For this course, students are required to submit an electronic copy through the relevant submission link on the course Blackboard site.
Learning resources
You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.
Library resources
Find the required and recommended resources for this course on the UQ Library website.
Additional learning resources information
Course Material including the course outline and tutorial questions will be posted on Blackboard.
Learning activities
The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.
Filter activity type by
Please select
| Learning period | Activity type | Topic |
|---|---|---|
Week 1 |
Lecture |
Module 1: Decisions Under Uncertainty Expected Utility Theorem Learning outcomes: L01, L02, L03, L04 |
Lecture |
Module 2: Normal Form Games and Dominance Presentation of normal form games, dominance Learning outcomes: L01, L02, L03, L04 |
|
Week 2 |
Lecture |
Module 3: Nash Equilibrium I Pure Strategy Nash Equilibrium, Mixed Strategies Learning outcomes: L01, L02, L03, L04 |
Lecture |
Module 4: Nash Equilibrium II Mixed Strategy Nash Equilibrium Learning outcomes: L01, L02, L03, L04 |
|
Tutorial |
Tutorial 1 Tutorial 1 covers material from Module 1. Learning outcomes: L01, L02, L03, L04 |
|
Tutorial |
Tutorial 2 Tutorial 2 covers material from Module 2. Learning outcomes: L01, L02, L03, L04 |
|
Week 3 |
Lecture |
Module 5: Application of Nash Equilibrium Applying Nash Equilibrium to a range of economic situations. Learning outcomes: L01, L02, L03, L04 |
Lecture |
Module 6: Extensive Form Games Extensive form game with perfect information, Game trees and backward induction Learning outcomes: L01, L02, L03, L04 |
|
Tutorial |
Tutorial 3 Tutorial 3 covers material from Module 3. Learning outcomes: L01, L02, L03, L04 |
|
Tutorial |
Tutorial 4 Tutorial 4 covers material from Module 4. Learning outcomes: L01, L02, L03, L04 |
|
Week 4 |
Lecture |
Module 7: Subgame Perfect Equilibrium Applications and limitations of Subgame Perfect Equilibrium Learning outcomes: L01, L02, L03, L04 |
Lecture |
Module 8: Long-term Relationship Introduction to repeated games Learning outcomes: L01, L02, L03, L04 |
|
Tutorial |
Tutorial 5 Tutorial 5 covers material from Module 5. Learning outcomes: L01, L02, L03, L04 |
|
Tutorial |
Tutorial 6 Tutorial 6 covers material from Module 6. Learning outcomes: L01, L02, L03, L04 |
|
Mid Sem break |
No student involvement (Breaks, information) |
Mid-Semester Break Learning outcomes: L01, L02, L03, L04 |
Week 5 (Mid Sem break ends Wed) |
Lecture |
Module 9: Bayesian Games Introduction to Bayesian Games Learning outcomes: L01, L02, L03, L04 |
Tutorial |
Tutorial 7 Tutorial 7 covers material from Module 7. Learning outcomes: L01, L02, L03, L04 |
|
Week 6 |
Lecture |
Module 10: Auctions Auctions as an application of Bayesian Games Learning outcomes: L01, L02, L03, L04 |
Lecture |
Module 11: Extensive Games Imperfect Information Introduction to extensive games with imperfect information Learning outcomes: L01, L02, L03, L04 |
|
Tutorial |
Tutorial 8 Tutorial 8 covers material from Module 8. Learning outcomes: L01, L02, L03, L04 |
|
Tutorial |
Tutorial 9 Tutorial 9 covers material from Module 9. Learning outcomes: L01, L02, L03, L04 |
|
Week 7 |
Lecture |
Module 12: Signalling Games Introduction to signalling games Learning outcomes: L01, L02, L03, L04 |
Lecture |
Loose ends and revision Learning outcomes: L01, L02, L03, L04 |
|
Tutorial |
Tutorial 10 Tutorial 10 covers material from Module 10. Learning outcomes: L01, L02, L03, L04 |
|
Tutorial |
Tutorial 11 Tutorial 11 covers material from Module 11. Learning outcomes: L01, L02, L03, L04 |
|
Week 8 |
Tutorial |
Tutorial 12 Tutorial 12 covers material from Module 12. Learning outcomes: L01, L02, L03, L04 |
Tutorial |
Tutorial 13 Tutorial 13 will cover loose ends and revision. Learning outcomes: L01, L02, L03, L04 |
Policies and procedures
University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:
- Student Code of Conduct Policy
- Student Integrity and Misconduct Policy and Procedure
- Assessment Procedure
- Examinations Procedure
- Reasonable Adjustments - Students Policy and Procedure
Learn more about UQ policies on my.UQ and the Policy and Procedure Library.