Empirical Economic Analysis

Catalog description

This course focuses on empirical techniques used to more deeply understand economic markets in which firms operate. We will identify and empirically analyze a variety of market structures, ranging from perfect competition to oligopoly (rivalry between a small number of competitors) to monopoly (one dominant firm). We want to develop the skills necessary to make effective managerial decisions and strategic choices based on the quantitative analysis of a firm's productive capabilities and the market in which it operates. We will also focus strongly on the insight necessary to optimally identify, estimate, interpret, and test an economic model. This course is designed for students who are interested in utilizing empirical economic models for market analysis. While not fully inclusive, this would comprise students interested in consulting, strategic analysis, operations, marketing, and mergers & acquisitions. This course is for MQM: Business Analytics students.