This course is an introduction to game theory and strategic thinking for managerial roles. Games or ‘Strategic Interactions’ can be found in all walks of life.
The course does not require extensive prior knowledge of mathematics, but students should possess the willingness and interest to analyse real-world problems using analytical methods and to acquire the tools necessary to do so.
Assessment
This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer needs to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.
Certification
Edukite courses are free to study. To successfully complete a course you must submit all the assignment of the course as part of the assessment. Upon successful completion of a course, you can choose to make your achievement formal by obtaining your Certificate at a cost of £49.
Having an Official Edukite Certification is a great way to celebrate and share your success. You can:
- Add the certificate to your CV or resume and brighten up your career
- Show it to prove your success
Course Credit: MIT
Course Curriculum
Introduction for Game Theory for Managers Course | 00:25:00 | ||
Rationality | 00:25:00 | ||
Equilibrium 1 | 00:20:00 | ||
Equilibrium 2 | 00:20:00 | ||
Strategic value of credible commitments | 00:25:00 | ||
Strategic Substitutes and Strategic Complements | 00:30:00 | ||
Strategic exercise of real options | 00:25:00 | ||
Strategic escalation of threats | 00:30:00 | ||
Variety of real-world phenomena that can be interpreted as auctions | 00:25:00 | ||
Uncertainty and Information | 00:20:00 | ||
Reputation and Strategic Irrationality | 00:20:00 | ||
Assessment | |||
Submit Your Assignment | 00:00:00 | ||
Certification | 00:00:00 |
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