Industrial Economics

Teaching results

Completing the subject student will deepen knowledge about microeconomics with respect to markets and firm strategies in imperfect competition.
The student will understand theoretical models reflecting different market structures and other market characteristics. She/he will know theoretical origins and ways of sustaining and enforcing market power. The student will understand the consequences of market power existence.
Applying theoretical knowledge on seminars through empirical examples and using a real data student will deepen analytical capacities. The student will gain analytical skills directly from working in statistical software Stata and R. She/he will form research question and a set of hypotheses based on theoretical knowledge and empirically test them using micro-data and advanced econometrics.