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Syllabus

EN IT

PAOLO PAESANI

Prerequisites

-

Program

1st Module
Schedule of Topics
Topic 1 The nation and the world economy
Topic 2 Balance of payments and international investment position
Topic 3 The Keynesian open economy model and its balance of payment implications

2nd Module
Topic 1 Normal form and Extensive form
Topic 2 Strategy dominance and Nash Equilibrium
Topic 3 Complete Information (perfect and imperfect)
Topic 4 Mixed strategies and equilibrium interpretation
Topic 5 Coordination problem (prisoner dilemma; stag hunt; chicken game….)
Topic 6 Public goods and free-riding phenomenon
Topic 7 Backward induction and subgame perfection
Topic 8 Games of incomplete information Bayesian equilibrium
Topic 9 War and conflict using some strategic schemes
Topic 10 Repeated Games

Books

1st Module
Textbook and Materials
 The Economy. CORE Project (selected chapters). https://core-econ.org/the-economy/?lang=en
2nd Module
 Lecture material handed over on line.
The teacher will refer the student, by the end of each week, to the relevant material on the basis of the
above topics:
Pdf lessons of the teacher, downloadable

Bibliography

One of the following volumes:
- Gibbons A. Primer in Game Theory, Prentice Hall
- Osborne M. Introduction to Game Theory: International Edition, OUP Oxford

Teaching methods

In-class teaching.

Exam Rules

Module 1: During the week of the mid-term, a written exam will be administered for attending students who have attended more than 80% of the classes. Non-attending students and students who do not take or fail the mid-term will take a written exam at the end of the course.

Module 2: If students are consistently present at the lessons (more than 80% of in-class presence), they will have the option to take a summary test during the week of the mid-term, which will be based on the material covered in the first 3 weeks of the course and account for 20% of the final grade. The remaining 80% of the grade will be determined by a written test. Non-attending students will be required to take a longer final written exam covering the entire course content.

BRUNO CHIARINI

Books

1st Module
Textbook and Materials
 The Economy. CORE Project (selected chapters). https://core-econ.org/the-economy/?lang=en
2nd Module
 Lecture material handed over on line.
The teacher will refer the student, by the end of each week, to the relevant material on the basis of the
above topics:
Pdf lessons of the teacher, downloadable.