Firm Competition and Strategy

This course is an introduction to industrial organization, a field of economics primarily concerned with firms, markets and competition. We will introduce core concepts in the theory of Industrial Organization and examine empirical evidence that supports or contradicts these models. We focus on examining the behavior of firms (e.g., price setting and product variety) in monopoly and oligopoly markets to develop an understanding for how public policy may be used to mitigate any detrimental effects of market power in the economy. Course material will use and build on tools of microeconomics, game theory, information economics and econometrics.