Game Theory for Business and Social Sciences
UndergraduateTAS-BEA1042025
Enrol today with instant approval and no entry requirements
- Study method
- 100% online
- Assessments
- 100% online
- Enrol by
- 13 July 2025
- Entry requirements
- No ATAR needed, No prior study
- Duration
- 14 weeks
- Start dates
- 21 July 2025
- Price from
- $2,726
- Upfront cost
- $0
- Loan available
- HECS-HELP and FEE-HELP available
Game Theory for Business and Social Sciences
About this subject
Upon completion of this subject, the student should be able to:
- Identify strategic interaction in a variety of settings and formally model them as games.
- Apply game theory as an analytical tool to solve the games with an aim to predict outcomes.
- Evaluate the application of game theoretic models/analysis and provide solutions for problems faced by business managers and policy makers.
- Communicate technical analysis and arguments in both written and oral forms.
- Modelling strategic interactions: What is a game? Basic rules and examples
- Sequential strategic games
- Simultaneous strategic games - Part 1 - Dominance, best response and Nash Equilibrium
- Simultaneous strategic games - Part 2 - Mixed strategies
- Communication and strategic moves
- Uncertainty and asymmetric information - Part 1 - Dealing with risk
- Uncertainty and asymmetric information - Part 2 - Games with asymmetric information
- Repeated games
- Collective action games
- Mechanism design
- Bargaining and negotiation
Ever wondered how businesses out-manoeuvre competitors, politicians negotiate deals, or even how social norms evolve? Game Theory provides powerful tools to understand these strategic interactions, where your actions affect others, and theirs affect you. In this subject, you'll learn the core principles of Game Theory and how to apply them to real-world scenarios in business and economics, social sciences, and beyond. Imagine analysing pricing strategies in a competitive market or understanding the dynamics of international negotiations. You'll develop the ability to think strategically, predict the behaviour of others, and identify your best response in any situation. Unlock the secrets of strategic decision-making and gain a competitive edge in your field.
- Take-Home Assignment (x 6) (50%)
- Case Studies (Groups of 2) (50%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
No entry requirements
Additional requirements
- Other requirements - Teaching Arrangement: 1 x 2-hour online workshop (Wks 2-13).
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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What to study next?
Once you’ve completed this subject it can be credited towards one of the following courses
Bachelor of Business and Bachelor of Economics
UndergraduateTAS-BEC-DEG
UndergraduateTAS-ECO-DEG
Bachelor of Psychological Science and Bachelor of Economics
UndergraduateTAS-PEC-DEG
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