![[Calendar Home Page]](wlucrest.gif) Wilfrid Laurier University  - 2002/2003 Undergraduate Academic Calendar
 Wilfrid Laurier University  - 2002/2003 Undergraduate Academic Calendar
 Course Description
 Course Description 
| EC325 Game Theory and Economics 0.5 | 
| Many important economic problems can be represented by mathematical game models because each agent's welfare depends on other agent's choices as well as on his own. Examples include the firm's price and output decisions in oligopolistic markets and the "free rider" problem. This course introduces the student to game theoretic methods for analyzing both static and dynamic versions of such problems. | 
| Prerequisite: EC220 or EC260 or EC270. | 
| Exclusion: EC310/EC360f. | 
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DRAFT electronic version updated at 1:45 p.m. January 30, 2003