Course Meeting Times
Lectures: 2 sessions/week; 1.5 hours/session
Prerequisites
There are no prerequisites.
Description
14.271 is a PhD-level course in industrial organization, introducing students to the basic building blocks of the field and exposing them to a variety of techniques. It is designed to start the process of preparing economics PhD students to conduct thesis research in the area. It is also intended to be of interest to doctoral students working in other areas of economics and related fields. The course integrates theoretical models and empirical studies. The course presumes that students are comfortable with micro theory, game theory, and econometrics.
Text
There is one primary text for the course:
Tirole, Jean. The Theory of Industrial Organization. Cambridge: MIT Press, 1988. ISBN: 9780262200714
The text provides an overview of many of the theoretical topics. The text will be supplemented with a large number of recent and classic journal articles listed below. The starred readings are required.
Grading
The course will be graded on the following elements:
- Eight problem sets
- Midterm exam
- Final exam
Each element will count for roughly one-third of the course grade. Working on problem sets in groups is encouraged, but each student must write up their solutions independently.
