Economics of Competition.

Catalog description

Examines the theoretical and empirical foundations of competition in economics. The course includes a review of the neoclassical economics of competition, introduces institutional and informational perspectives on competition. The course entails extensive readings of empirical studies highlighting the various forms of competition and addresses the strengths and weaknesses of alternative approaches to the study of competition. Prerequisite: ECON 211 and ( ECON 321 or MATH 263 or MATH 363 or MATH 163 (AP Statistics credit)). Course is offered occasionally.