Industrial Organization I

Catalog description

This is the first part of a two course sequence in Industrial Organization. The primary focus of the course will be empirical, though theoretical concepts will be introduced and reviewed as needed. The main focus of this course is measuring markups and market power in a static setting. Topics include: estimation of supply and demand for homogenous and differentiated products; Economics of antitrust: merger evaluation and detection of collusion. Price Discrimination; Production Function Estimation, Measures of Productivity.