Hands-On Microeconomics: a primer in Game Theory.

🎓 Course Title: Hands-On Microeconomics: A Primer in Game Theory 🚀 GroupLayout: Intermediate | Duration: 10 Weeks

Course Headline: 🎯 Unlock the Strategic Mind: Master Game Theory with Real-World Applications!

Welcome to "Hands-On Microeconomics: A Primer in Game Theory"!

Are you ready to dive into the world of strategic decision-making and competitive analysis? This interactive course is your ticket to understanding the fundamental concepts of game theory, a cornerstone of modern economic thinking. Led by the esteemed instructor Luigi Venturac, you'll explore the intricate dance of competition through the lens of non-cooperative game theory.

📚 What You'll Learn:

• 🧠 Core Concepts: Get to grips with the basics of game theory, including the Nash equilibrium, dominant strategies, and mixed strategies.
• 🔍 Real-World Examples: Apply your understanding through engaging examples that illustrate how game theory plays out in real-world scenarios.
• ✏️ Hands-On Practice: Work through a variety of exercises, solving simple games to find their equilibria.
• 🛠️ Strategic Thinking: Learn how to think strategically and make informed decisions under uncertainty.
• 📈 Advanced Topics: Venture into the realms of sequential games with game trees, and understand the notion of a subgame perfect equilibrium.
• 🌍 Economic Applications: Examine the application of game theory in duopoly models like Cournot and Stackelberg, and discover why cartels may be inherently unstable.

Course Structure:

1. Introduction to Game Theory: Understand the theoretical underpinnings and applications of this powerful field.
2. Normal Form Games: Dive into the basics by analyzing games like matching pennies, the prisoners' dilemma, the battle of sexes, and the game of chicken.
3. Nash Equilibria: Discover how to find Nash equilibria in both pure and mixed strategies, and understand their significance in decision-making.
4. Dominated Strategies: Learn how to eliminate suboptimal choices and streamline your strategic decisions.
5. Sequential Games: Explore the complexities of games that unfold over time by mastering game trees and subgame perfect equilibrium.
6. Application in Microeconomics: See how game theory models like Cournot and Stackelberg duopoly can explain real-world market dynamics, and understand why cartels may fail to act cohesively.

Why Take This Course?

• 🎓 Expert Instruction: Learn from Luigi Venturac, a seasoned instructor with a passion for making complex theories accessible.
• 🤝 Interactive Learning: Engage with the material through hands-on activities, discussions, and real-world applications.
• 📊 Practical Skills: Acquire skills that will enable you to model competitive situations and predict outcomes based on strategic interactions.
• 👥 Community of Learners: Join a community of like-minded individuals who share your interest in economics and game theory.

Enroll Now to Begin Your Journey into the Strategic World of Game Theory! 🌟

By signing up for this course, you're not just learning a new set of tools; you're unlocking a world where every decision has a hidden layer of strategy. Whether you're an aspiring economist, a business professional, or simply curious about the science behind competition, "Hands-On Microeconomics: A Primer in Game Theory" is your gateway to mastering strategic interactions and making smarter decisions. 🎓✨

Enroll today and start shaping your future as a strategic thinker!