Empirical Analysis For Pricing

Catalog description

This is an advanced course in business economics that introduces demand estimation techniques that are essential to business analytics and market studies. Estimating and understanding market demand is central to developing business strategies such as pricing strategy. Students will be exposed to the latest techniques in demand estimation and pricing. Students will also be able to identify market factors that are key to value creation and value capturing. Topics include but are not limited to demand estimation using regression analysis, demand estimation using discrete choice analysis, optimal pricing and business analytics with value creation. Prerequisites: ECON550 Restrictions: Must be enrolled in one of the following Levels: Graduate Must be enrolled in one of the following Colleges: Williams College of Business Williams College of Business Economics