This course is designed to provide students with a basic understanding of Game Theory.

At the end of this course, students should be able to:

  • Identify strategic situations, players, and how each of them is affected by the strategies chosen by all players
  • Distinguish different game structures, including static games, dynamic games, and perfect and imperfect information scenarios
  • Attempt to anticipate or predict the outcomes of a game.

Throughout the course we will discuss basic theoretical concepts and illustrate them thorough several examples from economics and other disciplines.


Strategic Decision Making has the following prerequisite requirements which applicants are required to have successfully completed with a passing grade (or above) before being approved to undertake the program: Basic calculus (basic algebraic properties, functions, derivatives), Basic probability (probability, distributions, expected value)

Please provide evidence of having met these prerequisite requirements upon application.

Your facilitator

Dr Carlos OyarzunDr Carlos Oyarzun
Senior Lecturer, School of Economics

Dr Carlos Oyarzun specialises in Microeconomic Theory, studying models of decision making, both in individual decision problems and strategic contexts. He is passionate about Microeconomic Theory — a powerful tool to guide decision making and to understand decisions of economic agents and individuals.

He has many years of teaching experience covering four different continents.

His research interests include Learning Theory, Bounded Rationality, Strategic Information and Persuasion models. His research has been published in several prestigious international journals and has been presented in international conferences and invited seminars.

Course snapshot


Pending; July 2021

Contact hours

36 academic contact hours


In-class problem solving, paper presentation, final exam

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