ECON462

In this class we bring together microeconomic models and econometric methods in order to understand firms and markets we interact with every day. We will explore how and why markets depart from perfect competition, and we will discover how these departures affect market outcomes such as prices and product quality. We will investigate the strategies firms adopt in settings of oligopolistic competition, and analyze how these strategies impact consumer and producer welfare. We will think critically about when regulation is appropriate and how to design efficient policies. Lectures will be a mixture of theoretic and empirical studies on the subject.

018862

Fall, Spring