Microeconomics, Econometrics, Mathematics for Economists I

Students
- are able to present and discuss basic theoretical models in Industrial Organization;
- are able to present and discuss basic empirical models in Industrial Organization;
- are able to evaluate the literature in Industrial Organization;
- participate in discussions on the course topics, providing a critical assessment of the empirical strategies adopted, as well as the results
- are able to implement basic empirical models in Industrial Organization;

The course covers topics in Industrial Organization including oligopoly; product differentiation; estimation of continuous and discrete choice models of demand; competition policy. The methods are an important point of departure of basic models in environmental and energy economics due to the study of more realistic market structures than the representative agent and perfect competition model, and the applications will emphasize markets with an important environmental footprint, such as the housing and transport sectors.

Belleflamme, P., & Peitz, M. (2015). Industrial Organization: Markets and Strategies. Cambridge University Press. 2nd edition.
Motta, M. (2004). Competition policy: Theory and Practice. Cambridge University Press.
Tirole, J. (1988). The Theory of Industrial Organization: Jean Tirole. MIT press.
Davis and Garcés (2010). Quantitative techniques for Competition and Antitrust Analysis. Princeton University Press.

https://uol.de/en/economics/applied-microeconomics/

Course assessment is done via the completion of one or more empirical projects which implement some of the models presented in class, and/or a referee report and/or a test.

KL