| Detailed information |
| Pre-requisites |
(*)Zulassung zum Masterstudium
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| Original study plan |
Master's programme Economics 2018W |
| Objectives |
The objective of the course “Competition Economics” is to get a thorough understanding of the relation between competition and market outcomes, and to enable students to apply models and modern tools to current issues in competition and industrial policy.
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| Subject |
In this class we will investigate the relationship between the intensity of competition and the market outcome. In particular we will analyze the relation between competition and profitability, prices, product quality and variety.
Further, we will discuss which economic agents may influence the intensity of competition by promoting / deterring market entry, by product standardization or information disclosure.
Theoretical models will be discussed thoroughly in class and augmented by up-to-date empirical analyses.
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| Criteria for evaluation |
To successfully pass this course active participation in class (in discussions, exercises,…) as well as a positive grade on the exams are necessary
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| Methods |
Lecture, exercises, discussions
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| Language |
German |
| Study material |
Dennis W. Carlton und Jeffrey M. Perloff (2015): Modern Industrial Organization, Pearson Education Limited.
Lynne Pepall, Dan Richards und George Norman (2014): Industrial Organization: Contemporary Theory and Empirical Applications, John Wiley & Sons.
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| Changing subject? |
No |
| Further information |
prerequisites: fundamentals in Microeconomics and Game Theory
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| Earlier variants |
They also cover the requirements of the curriculum (from - to)
572FUMSCOMK15: KS Competition Economics (2015W-2018S)
2FUMCK: KS Competition Economics (2012S-2015S)
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