|Unit(s): 3.0||Level(s): Graduate||Term(s): Winter, Fall||Offered?: No|
This course examines the strategic interactions of firms in markets, and their implications for firms’ profits and consumer welfare. The course provides analytical concepts for analyzing firm behavior in different market structures. The course has two main goals: (i) introduce micro-economic and game-theoretic tools to understand competition and market power; (ii) develop an active understanding of econometric analysis of market power and competition. Both goals are illustrated with applications to competition policy and competitive strategy. Upon completion of this course, students will be able to develop and actively understand econometric analysis of market power and competition.