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ECON 521

GAME THEORY AND ECONOMIC ANALYSIS

3-4 credits.

The study of multi-agent, interactive decision problems, with emphasis on questions of coordination, cooperation and conflict. Applications include relations between countries, competition between firms, bargaining between unions and firms, and contests between political candidates.

Prerequisites & course information

Requisites: ( ECON 301 or 311 ) and MATH 222 ; or graduate/professional standing Course Designation: Core GenEd - Social & Behavioral Science Breadth - Social Science Level - Intermediate L&S Credit - L&S Liberal Arts and Science Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Discuss the fundamental concepts of game theory and how those concepts apply to real world issues. Audience: Both Grad & Undergrad 2. Construct and evaluate game theoretic models, including their assumptions and conclusions. Audience: Both Grad & Undergrad 3. Employ a diverse set of skills and strategies in mathematical reasoning and problem solving. Audience: Both Grad & Undergrad 4. Use game theoretic techniques to analyze real world situations and policies. Audience: Both Grad & Undergrad 5. Apply and write about game theory in novel strategic situations. Audience: Both Grad & Undergrad 6. Read and critique published papers that use game theory. Audience: Graduate Learning Outcomes: 1. Discuss the fundamental concepts of game theory and how those concepts apply to real world issues. Audience: Both Grad & Undergrad 2. Construct and evaluate game theoretic models, including their assumptions and conclusions. Audience: Both Grad & Undergrad 3. Employ a diverse set of skills and strategies in mathematical reasoning and problem solving. Audience: Both Grad & Undergrad 4. Use game theoretic techniques to analyze real world situations and policies. Audience: Both Grad & Undergrad 5. Apply and write about game theory in novel strategic situations. Audience: Both Grad & Undergrad 6. Read and critique published papers that use game theory. Audience: Graduate

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