Market structure and firms' strategic decisions will be analyzed. Topics may cover monopoly pricing strategies such as price discrimination; non-pricing strategies such as advertising, quality decisions and differentiated products; dynamic oligopoly models; mergers; anti-competitive behaviour; and auctions. This course assumes students have a sound background in economic theory, as well as single-variable calculus and basic statistics. Students may not hold credit for both ECON 3742 and the former ECON 3740 [3 credits]
Market structure and firms' strategic decisions will be analyzed. Topics may cover monopoly pricing strategies such as price discrimination; non-pricing strategies such as advertising, quality decisions and differentiated products; dynamic oligopoly models; mergers; anti-competitive behaviour; and auctions. This course assumes students have a sound background in economic theory, as well as single-variable calculus and basic statistics. Students may not hold credit for both ECON 3742 and the former ECON 3740 [3 credits]
