The grad micro class I took was split between game theory and decision theory. I found the game theory section way more intuitive. I think it depends in the person.
Out of curiosity: people often talk about the difficulty of PhD micro, using MWG as a synonym for hellish impossibility. Does this also extend to PhD micro 2? I mean a course that would use a text like Fudenberg/Tirole. I was reading through F/T recently because I'm interested in game theory, and it was extremely confusing...
I can say though that while the basic ideas of the different equilbrium concepts aren't hard on their own, it can be extremely difficult to apply them to a problem set, both in terms of math and in terms of interpretation.
If I had to rank micro 1 and 2 I would say 2 is slightly easier but more time intensive if that makes sense.
There are currently 1 users browsing this thread. (0 members and 1 guests)