How to study Economics @ SILS

I offer the class of Behavioral & Experimental Game Theory . The title is quite distinct. It looks like the mixture of  Behavioral and Experimental economics focusing on game theory if you know the fields. Basically it is right. However, since SILS does not offer so many subjects of economics and game theory and it is the intermediate level, I have a consciousness of being intermediate game theory, which means that students can learn the standard game theory through class experiments with some behavioral models explained below. Game theory is now the absolutely imperative theory to analyze economic phenomena. This is because economics and game theory have the common assumption that decision makers maximize their payoffs/utilities. In this sense, game theory can analyze economic phenomena from the same viewpoint as economics. In addition, game theory is applicable to the situations without markets that economics of a decade ago focused on. By applying game theory, econo...

Economics consists of theory and economic data analysis. The former consists of Microeconomics & Macroeconomics, and the latter is econometrics. Microeconomics studies how to interact between consumers and firms. Before 1980s, the target was market institutions which give prices. Then, economists were interested in how both the consumers and firms make decisions when they observe prices as signals and how the prices are decided depending on market structure. However, since game theory developed after 1980, the theory succeeded in analyzing their decisions and behavior without prices. Then, the analysis by Game theory is parts of microeconomics now. SILS provides two classes of Microeconomics, Introduction level & Intermediate one. If you select to study economics, Introduction level is too easy. You directly join the class of Intermediate level of Microeconomics. And the following textbooks are recommended: H. Varian (2014)  Intermediate Microeconomics: A Modern App...