SRES 260 Game Theory and Strategic Thinking
This course develops students' abilities to understand and anticipate strategic interaction by focusing on the lessons and methods of game theory. Game theory has become an important tool for business managers and policy makers for analyzing and implementing tactical and strategic actions. Topics will focus on conflict situations, managerial, labor and industrial organization. Students will be actively encouraged to model strategic interaction from real-life circumstances, examples from history, and even fiction. Students will learn the terminology, theories, and arguments of game theory. Using various equilibrium concepts, students will be able to explain and predict the outcome of games, which can be applied to economic, political, and social contexts. Game theory is focused on mathematical models, and this course will develop students' abstract reasoning skills and their ability to argue effectively.