In this course we cover issues the microeconomics of firm behavior and market structure in detail. Game theory is used as the unifying concept for analyzing imperfectly competitive markets. The objective of this course is to expose students to the core theory of industrial organization. The course should help students to depend their understanding of the economics of firm behavior and the market structure, and develop analytical skills necessary to understand IO theory and apply it to real-world issues. The course will be useful for students entering the world of business/policy or considering further study of economics at the graduate level.A complete syllabus for the class is here.
Topic 01: Course Outline
Topic 02: Production
Topic 03: Costs
Topic 04: Perfect Competition
Topic 05: Monopoly
Topic 06: Measuring Market Structure and Power
Topic 07: Group Pricing
Topic 08: Personalized Pricing
Assignment 01: Due date is Thursday September 22 in class.
August 26: First class is on Tuesday August 30 at 1:30 in Huntsman Hall 180. See you there.
August 31: From Thursday our classroom has been switched to Eccles Business Building room 216.
John P. Gilbert >