University Subjects

ECON20005: Competition and Strategy

ECON20005: Competition and Strategy

University
University of Melbourne
Subject Link
View Subject

Subject Reviews

kiwikoala

3 years ago

Assessment
3 x 10% assignments, 70% exam (Assignment style)
Final mark = max {assignments + exam weighted, exam only}
Comments
It was great. My best breadth. Content is shallow and math is basic but very fun to learn. It's even easier if you remember content from intro micro such as Nash Equilibirium, monopolies and welfare.

Just wanted to update from the previous review that Jun and Daniel are still teaching 4 years later and are both still incredible. Worth doing as a breadth/elective for any student who is interested in game theory concepts.

Content is almost the same as the last review, week 12 is different from what I see.

I copped a H1 from doing assignments well and watching lectures (lol). I watched the appropriate recorded tutorials uploaded by Daniel before each assignment. Killing the assignments (i.e. understanding the concepts) set you up for the exam quite well as they were in the same format.

For more stuff on content read: https://atarnotes.com/forum/index.php?topic=43031.msg921945#msg921945
The hardest questions of assignments/exams are based on some of the games learnt in lectures but with a mild extension to the rules. If you were comfortable doing 1st year math, then this will also be pretty good. Otherwise it's not too bad with some practice. A lot of questions were just resolving the exact game from the lectures with different numbers.
Lectopia Enabled
Yes, Pre-recorded, no live zoom chat. High quality recordings though, he uses OBS, facecam and edits his vids!
Lecturer(s)
Dr. Jun Xiao
Past Exams Available
Plenty of materials
Rating
5 Out of 5
Textbook Recommendation
"A. Dixit and S. Skeath, Games of Strategy, fifth edition W.W. Norton and Company. This textbook, while useful for all students, is not strictly required for the subject." - subject guide (I didn't use)

Daniel made plenty of supplementary materials like exercises (I didn't use them either)
Workload
Weekly 2 x 1 hour lectures, 1 x 1 hour tutorial
Year & Semester Of Completion
2020 Sem 2 (Corona Time!)
Your Mark / Grade
H1

Did you find this review helpful?

Australia Treasury

Help shape the future for all Australians

Want to make an impact to your local community and across Australia? Join Treasury, the Government’s lead economic advisor and be involved in developing policies and providing well informed, innovative and sound advice on key issues that impact Australians.

Find out more