Explores neoclassical theory of the firm, the determinants of industrial structure, and the purposes and institutions of public policy to control or maintain a competitive environment. Requisites: Requires prerequisite course of ECON 3070 (minimum grade C-).
Introduces economic analysis of entrepreneurship, its financing, performance and public policy issues. We will investigate in depth the business of venture capital and start-ups. This course aims to understand both academic and practical implications from the burgeoning literature on economics of entrepreneurship and private equity. Requisites: Requires prerequisite courses of ECON 3070 and ECON 3818 (all minimum grade C-).
Explores two major branches of Industrial Organization--antitrust and regulation. Focus is on developing qualitative and quantitative skills for the legal-economic analysis of issues and problems across a variety of industries. Case studies are used to illustrate concepts, including mergers, collusive agreements, monopolization, and networks. Individual and group projects help develop advocacy and public speaking skills. Requisites: Requires prerequisite course of ECON 3070 (minimum grade C-).
Introduces students to the economic analysis of relationship between firms and incentives within firms. The first part covers classical theories of firm boundaries and contractual relationship between firms. The second part focuses on compensation and incentive issues within firms. Requisites: Requires prerequisite courses of ECON 3070 and ECON 3818 or APPM 4520 or APPM 4570 or CHEN 3010 or CVEN 3227 or MATH 4520 (all minimum grade C-).
Highlights economics of regulation of industry and markets, industry studies, and the application of lab methods to industrial organization. Department enforced prereq., ECON 7010. Requisites: Restricted to graduate students only.
Addresses the theory of interaction of firms within markets and industries, emphasizing importance of the number, relative size of firms, market institution,firm strategies, and nature of consumer demand. Examines neoclassical and game theoretic models, empirical industry studies, and laboratory tests of theoretical models and policies. Department enforced prereq., ECON 7010. Requisites: Restricted to graduate students only.
