[ 971ATECCECK18 ] KS Competition Economics

Es ist eine neuere Version 2019W dieser LV im Curriculum Master's programme Economic and Business Analytics 2019W vorhanden.
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Workload Education level Study areas Responsible person Hours per week Coordinating university
4 ECTS M1 - Master's programme 1. year Economics Dieter Pennerstorfer 2 hpw Johannes Kepler University Linz
Detailed information
Pre-requisites (*)Zulassung zum Masterstudium
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.
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.
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
Methods Lecture, exercises, discussions
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.

Changing subject? No
Further information prerequisites: fundamentals in Microeconomics and Game Theory
On-site course
Maximum number of participants 200
Assignment procedure Assignment according to priority