This class presents an introduction to Industrial Organization. How do firms interact when markets are non-competitive? How do they set prices and how do they choose what to produce? This class presents formal models to understand the main mechanisms that determine the behavior of firms in non-competitive markets. These models are characterized by strategic interdependence. Thus, this class also presents a brief introduction to game theory, a basic tool in modern economics.
- Teacher: Ignacio Hector Monzon