Description
An introduction to the computational and empirical methods used by Industrial Organization economists, including those in academia, consulting, and government antitrust agencies. This course focuses on techniques for computing and estimating models of consumer and firm behavior in oligopolistic markets. Topics include estimation of production functions, demand for differentiated products, static games, and dynamic optimization. Applications of these topics to merger analysis, public policy, and various industries are explored. Emphasis will be placed on the programming and implementation of these models, though no prior background in computer science is required. Prerequisites: ECON052 PO and ECON057 PO, or experience with calculus.