Mathematics is one of the fundamental subjects of nature. Having a profound knowledge of the subject can allow you to understand and study natural phenomena better. You can model the natural phenomena better using mathematics. At the end of the course, you will be able to solve complex mathematical equations, model the problems in a mathematical way, and find optimal solutions for them.

This class is an advanced microeconomics course, helping students in specializing in the field of Game Theory. The topics cover in-depth analysis of the games both under perfect information and imperfect information; the notions of dominance iterated elimination of dominated strategies; best response and Nash equilibrium; rationalizability; undominated Nash equilibrium; mixed strategy Nash equilibrium; Bayesian Nash equilibrium; backward induction; subgame perfect Nash equilibrium; perfect Bayesian equilibrium; signaling games; repeated games; other refinements. Further, some real-life applications of the strategic situations faced in auctions, bargaining, and voting will be analyzed.