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2012 Michael Waldman
JOHNSON GRADUATE SCHOOL OF MANAGEMENT
CORNELL UNIVERSITY
NRE 5030/Econ 6110
Michael Waldman
Game Theory and Applications/Microeconomic Theory III
Winter/Spring 2012
(Tentative) COURSE SYLLABUS
Michael Waldman
Lecture Times: Tu, Th 8:40AM-9:55AM
323 Sage Hall
Room Ives 215
(607) 255-8631,
[email protected]
Office Hours: Tu, Th 10:00AM-11:30AM
Textbook and Readings:
Microeconomic Theory
by Mas-Colell, Whinston, and Green is an
optional text for the course.
The book will not be closely followed but the book does cover most
of the main topics covered in the course.
A number of copies have been placed on reserve in the
library.
Each topic will have readings listed where readings labeled with an * are required.
Copies of the readings will be available through the management library reserve.
Problem Sets: A number of problem sets will be handed out along with detailed answer keys.
These are not collected but rather serve as study aids for the final exam.
These will be placed in
the bookcase on the 3
rd
floor down the hall from my office.
A practice final exam along with an
answer key will also be made available.
Grading and Exams: The grading for the course is based on quizzes, a midterm, and a final exam.
In calculating your course grade the quizzes will enter with a weight of .3, the midterm will enter
with a weight of .3, and the final will enter with a weight of .4.
Class participation will be
considered in marginal cases.
All exams are closed book.

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Course Description: This course teaches the fundamentals of non-cooperative game theory and
classic applications used in applied work in economics and related fields such as finance,
marketing, operations, and accounting.
The course begins with a brief primer on non-cooperative
game theory that covers pure versus mixed strategies, Nash equilibrium, and various equilibrium
refinements.
Coverage then turns to basic frameworks that utilize game theory to model a wide

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