Seminár z mikroekonomických politík
- Credits: 3
- Ending: Credits
- Range: 2C
- Semester: summer
- Year: 1
- Faculty of Economics and Finance
Teachers
Included in study programs
Teaching results
By completing the subject, the student will deepen knowledge about microeconomics concerning markets and firm strategies in imperfect competition. This will deepen the student’s advanced knowledge about economics.
The student understands the strategic decisions of firms in a static and dynamic environment. She/he knows when and how firms create and abuse market power. She/he is well oriented in seminal literature from the field of industrial organization. By graduating from the course, the student will learn about the role of competition authority and its policies within regulation and competition. By presenting the seminar works, the student will gain communication skills.
Indicative content
1. History of microeconomics policies in the field of competition and industry organization
2. Introduction to the field of game theory
3. Game theory and strategic interactions
4. Quantity competition model
5. Price competition model
6. Price competition and differentiated products
7. Sequential games and application in economics
8. Dynamic oligopoly models in quantity competition
9. Dynamic oligopoly models in price competition with differentiated products
10. Entry and competition
11. Competition policy and industrial organization
12. The role of the competition authority in microeconomics
Support literature
Cabral, Luis MB. Introduction to industrial organization. MIT press, 2017.
Pepall, Lynne, Dan Richards, and George Norman. Industrial organization: Contemporary theory and empirical applications. John Wiley & Sons, 2014.
Belleflamme, Paul, and Martin Peitz. Industrial organization: markets and strategies. Cambridge University Press, 2015.
Requirements to complete the course
Evaluation during the semester and homework 100 %
Student workload
Total study load 78 hours
Seminars 26 hours
Preparing for seminars and seminar homework 26 hours
Preparing for evaluations during the semester 26 hours
Language whose command is required to complete the course
Slovak language
Date of approval: 10.02.2023
Date of the latest change: 03.01.2022