2012-2013 Academic Catalog

May 16, 2024

2012-2013 Academic Catalog [ARCHIVED CATALOG]

ECON 126 - Business and Public Policy

Type of Course: Lecture, Discussion

This course studies issues in business and public policy in an imperfect competition market setting. The first goal of the course is to develop the intuition and basic tools for pricing and other forms of strategic behavior of firms when faced with complex patterns of consumer demand and strategic competitors. Then, we use economic insights and theories to analyze public policy design and regulation, including antitrust, monopoly regulation, mergers, and vertical contracts. Next we study innovation, patenting, and the regulation of information and communications industries.

Prerequisites: ECON 010 .