| Detailinformationen |
| Quellcurriculum |
Masterstudium Economics (Economic Policy Analysis) 2025W |
| Lernergebnisse |
Kompetenzen |
(*)- Understanding sources and consequences of market power / intensity of competition.
- Better understand policy debates on market regulation.
Course Goals
The goal of the course “Managerial Economics 2” 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.
|
|
| Fertigkeiten |
Kenntnisse |
(*)- Gain an understanding of how to think theoretically about imperfect competition in industrial economics and how to model firm behavior these markets.
- Getting used to the “mechanics” of theoretical models: Which assumptions are important to emphasize specific issues, which are necessary for model tractability, and how to solve these models.
|
(*)Knowledge about approaches to model limited competition with a particular focus on concentrated markets (oligopolies), markets with differentiated products, advertising as a channel to increase market power, and markets with information frictions (search models).
|
|
| Beurteilungskriterien |
(*)The evaluation is based on a written examination (90 %) and active participation in class (10 %). A positive grade on the exam and 50% in total are necessary requirements to pass the class.
|
| Lehrmethoden |
(*)Interactive lecture
|
| Abhaltungssprache |
Englisch |
| Literatur |
(*)- Slides
- Problem sets
- Paul Belleflamme and Martin Peitz: Industrial Organization: Markets and Strategies, mainly Part II and Part III
- Relevant journal articles
(All content is provided via moodle)
|
| Lehrinhalte wechselnd? |
Nein |
| Sonstige Informationen |
(*)prerequisites: fundamentals in Microeconomics and Game Theory
|
| Gilt als absolviert, wenn |
(*)971ATECCECK18: KS Competition Economics (4 ECTS)
2FUMCK: KS Competition Economics (4 ECTS)
972FUMSCOMK15: KS Competition Economics (4 ECTS)
971ATECME2K19: KS Managerial Economics 2 (3 ECTS)
|
