This course integrates microeconomic theory with economic application techniques in an investigation of various market structures, strategic firm interaction, antitrust issues, and economic regulation. Beginning with the standard Structure-Conduct-Performance paradigm and proceeding through some of the most recently developed theories in noncooperative games, the course content exposes students to an array of methods that facilitate the analysis of market structures, anti-trust, and regulatory issues.
Prerequisite:
ECON251 – Intermediate Microeconomics
Virtual Corporate Reality
These are the instructions for the game that we play during the semester: VCR instructions.