2008-09 Jamestown College Catalog

Page 81

Business, Accounting, Economics 470-3 Game Theory I This course serves as an introduction to the theory of games which deals with the analysis of conflict, competition, and cooperation between rational decision-makers. The course will introduce and develop the basic topics that are fundamental to the theory of noncooperative games, including decision-theoretic foundations of game theory, basic game-theoretic models, including extensiveform games, and normal and multi-agent representations of strategic-form games; zerosum, constant-sum, and variable-sum games; and Nash equilibria in extensive form and strategic form games. The course will employ various tools and techniques from economics, algebra, and statistics in the study of the topics mentioned above. In addition, the course will present various applications of game theoretic ideas and models to real-world economic, business, and political situations. Prerequisite: Math 105; Prerequisite or corequisite: Econ 352. Fall, odd years 471-3 Game Theory II A continuation of Game Theory I. This course examines further topics in noncooperative game theory, including refinements of Nash equilibrium in strategic-form games and repeated games and their equilibria. In addition, the course introduces basic topics relating to communication in games and cooperative game theory, including games with communication, bargaining games, games in coalition-function-form, and solution concepts for bargaining and cooperative games. Various applications of game theoretic ideas and models to real-world economic, business, and political situations will also be presented. Prerequisite: Econ 470. Offered when circumstances permit 480-3 Mathematical Economics This course serves as an introduction to the mathematical tools, techniques, and structures that are fundamental to theoretical economics. Its purposes are to provide a systematic exposition of relevant mathematical methods and to apply those methods to various types of economic analysis in microeconomic theory, macroeconomic theory, and general equilibrium theory. The specific mathematical topics developed and/or applied in

this course include single-variable, multivariable, and set-valued functions, differential and integral calculus, linear models and matrix algebra, optimization techniques, set theory, and pointset topology. These mathematical topics are employed in the analysis of a variety of consumer, production, and market models in microeconomics, national income models in macroeconomics, and equilibrium models in general equilibrium theory and welfare economics. Prerequisite: Econ 352; Prerequisite or corequisite: Econ 353. Offered when circumstances permit 493-3  Field Study in Emerging Economies: Window on China This course consists of a seminar and an intensive two-week study tour of China. During the spring semester, students engage in research and seminar discussions and make presentations on the historical, political, economic, social, and cultural contexts for doing business in China. The course culminates with an intensive twoweek study tour of the country during which students receive briefings from U.S. embassies and consulates, attend lectures from experts on U.S.-China relations, and visit several Chinese businesses, including Sino-foreign and foreign joint ventures, wholly foreign-owned enterprises, and Chinese firms. In addition, the tour includes visits to many historical and cultural sites. Prerequisites: Econ 354 or permission and junior or senior standing. Same as Busn 493. Spring 494-3 Field Study in Global Economies: Window on the European Union This course consists of a seminar and an intensive two-week study tour of various member countries of the European Union (EU). During the spring semester, students engage in research and seminar discussions and make presentations on the historical, political, economic, social, and cultural environments that have an impact on business in the European Union and on U.S.EU political and economic relations. The course culminates with an intensive two-week study tour during which students visit a variety of companies, receive briefings from management executives, and attend lectures from tour faculty 81


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