Global Certificate Course in Mathematical Game Theory for Economics

Monday, 15 September 2025 19:30:55

International applicants and their qualifications are accepted

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Overview

Overview

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Mathematical Game Theory for Economics is a global certificate course designed for economists, business analysts, and anyone interested in strategic decision-making.


This Game Theory course provides a strong foundation in fundamental concepts and advanced techniques.


You will learn about Nash equilibrium, auctions, bargaining, and game theory applications in various economic scenarios.


Master strategic thinking and predictive modeling. Develop crucial analytical skills.


The course emphasizes practical application and real-world examples, making Mathematical Game Theory accessible and engaging.


Enhance your career prospects with this globally recognized certificate. Enroll now and unlock the power of strategic thinking.

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Mathematical Game Theory for Economics is a globally recognized certificate course designed to equip you with cutting-edge analytical skills. This online course blends theoretical foundations with practical applications in strategic decision-making, auctions, and behavioral economics. Master Game Theory concepts like Nash equilibrium and evolutionary dynamics. Boost your career prospects in finance, consulting, and academia. Gain a competitive edge with our unique blend of interactive modules, real-world case studies, and expert faculty. Enhance your analytical abilities and unlock exciting opportunities with this comprehensive Mathematical Game Theory program.

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

• Game Theory Fundamentals: Introduction to strategic interactions, players, strategies, payoffs, and game representation.
• Normal Form Games: Analyzing games in matrix form, including pure and mixed strategy Nash Equilibria (Nash Equilibrium), and dominance solvability.
• Extensive Form Games: Representing games with sequential moves, including game trees, subgame perfection, and backward induction.
• Bayesian Games: Incorporating incomplete information and beliefs, analyzing information sets and Bayesian Nash Equilibrium.
• Cooperative Game Theory: Exploring cooperative solutions, including the core, Shapley value, and bargaining solutions (e.g., Nash bargaining).
• Applications in Economics: Game theory applications in auctions, oligopoly, public goods, and mechanism design.
• Repeated Games and Dynamic Games: Analyzing repeated interactions, strategies like tit-for-tat, and the Folk Theorem.
• Evolutionary Game Theory: Modeling the evolution of strategies over time using replicator dynamics and evolutionary stable strategies.

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): 140
2 months (Standard mode): 90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Career Role (Game Theory & Economics) Description
Quantitative Analyst (Financial Modeling) Develop and implement advanced mathematical models for financial markets; strong game theory understanding crucial for risk assessment and strategic decision-making.
Economic Consultant (Market Analysis) Analyze market dynamics, forecast consumer behavior, and provide strategic advice to businesses; uses game theoretic principles to model competitive landscapes.
Data Scientist (Predictive Analytics) Extract insights from large datasets to build predictive models. Game theory skills improve model accuracy by anticipating complex interactions and strategic behaviors.
Actuary (Risk Management) Assess and manage financial risks using statistical and mathematical modeling; game theory insights aid in modeling competitive insurance markets and strategic pricing.
Operations Research Analyst (Optimization) Develop and implement algorithms to improve operational efficiency; Game theory informs optimal strategies in complex resource allocation scenarios.

Key facts about Global Certificate Course in Mathematical Game Theory for Economics

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This Global Certificate Course in Mathematical Game Theory for Economics provides a rigorous foundation in the mathematical tools and concepts essential for understanding strategic interactions in economic settings. You'll develop expertise in analyzing competitive and cooperative situations, crucial for various economic applications.


Learning outcomes include mastering fundamental game-theoretic concepts like Nash equilibrium, mixed strategies, and Bayesian games. You will gain proficiency in applying these concepts to model real-world economic problems, including auctions, bargaining, and market competition. The course also incorporates advanced topics such as mechanism design and evolutionary game theory, enhancing your analytical capabilities.


The duration of the course is typically flexible, often structured to accommodate diverse learning paces. Check the specific program details for exact time commitments, but expect a structured curriculum delivered through online modules, assignments, and potentially interactive sessions.


This Global Certificate in Mathematical Game Theory boasts significant industry relevance. Graduates find themselves well-prepared for careers in fields like economic consulting, financial modeling, market research, and policy analysis where understanding strategic interactions is paramount. Skills in strategic decision-making, predictive modeling, and quantitative analysis gained during the course are highly valued by employers. The program also serves as a valuable asset for postgraduate studies in economics, particularly those focused on econometrics, behavioral economics, and microeconomics.


The course blends theoretical knowledge with practical applications, preparing you for advanced research or immediate professional application. The inclusion of case studies and real-world examples ensures that the concepts of game theory are effectively translated into actionable insights.

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Why this course?

Global Certificate Course in Mathematical Game Theory is increasingly significant for economists in today's UK market. The application of game theory principles is crucial in understanding complex economic interactions, from market competition and auctions to international trade negotiations and environmental policy. According to the Office for National Statistics, the UK's financial services sector employs over 1 million people. Many roles within this sector, including financial analysts and economists, require a strong understanding of game theory.

The demand for professionals proficient in mathematical game theory is growing rapidly. Recent reports suggest a significant skills gap in quantitative analysis within the UK's finance and consulting industries. A global certificate in this field addresses this gap directly, equipping individuals with the tools to analyze strategic interactions and predict outcomes, leading to more effective decision-making. This boosts employability and enhances career prospects significantly.

Sector Number of Employees (in thousands)
Financial Services 1000
Consulting 200

Who should enrol in Global Certificate Course in Mathematical Game Theory for Economics?

Ideal Audience for Global Certificate Course in Mathematical Game Theory for Economics Description
Economics Graduates Aspiring economists seeking to enhance their strategic thinking and modelling skills using advanced mathematical game theory. The UK employs thousands of economists, with many in financial modelling roles where game theory provides a significant advantage.
Business Professionals Experienced professionals in finance, management, and consulting, wanting to refine decision-making techniques and gain a competitive edge in negotiations and strategic planning. Many UK businesses are increasingly relying on data-driven decision making, and game theory provides valuable insights.
Data Scientists Data scientists and analysts wishing to incorporate game-theoretic principles into their modelling and prediction work. This is highly relevant in rapidly growing UK sectors like Fintech.
Research Scholars PhD students and researchers across economics, political science, and other social sciences looking to develop a solid understanding of mathematical game theory for their research projects.