Summer Term 2022
Bachelor
| Title (Link to ILIAS course) | Contents | Eventtype (Link to course catalog) |
|---|---|---|
Principles of Microeconomics | The course deals with the behaviour of firms and households under perfect competition and analyses equilibrium in competitive markets both in the context of a partial market analysis as well as in general equilibrium. The main theorems of welfare theory are presented and the underlying assumptions are characterised. Furthermore, markets with imperfect competition, such as monopoly and oligopoly, are examined and the relevant concepts of game theory are introduced. Furthermore, the lecture discusses the basics of information economics such as adverse selection, moral hazard and incentive-compatible contracts. | Lecture |
| Exercise | ||
| Tutorial | ||
| Industrial Organization I | This lecture examines specific behaviours of monopolistic or market-dominating firms. Here, special forms of price discrimination, questions of quality selection as well as monopolies on durable goods in the focus of analysis. Special problems arise in the case of multi-product monopolies. In this context, especially the questions of pricing, product diversity and price discrimination are mentioned. In the final part of the course, the effects of monopolistic firms' advertising efforts are examined. | Lecture |
| Methods in Industrial Organization | After a short repetition of basic game-theoretical concepts, the course deals with games with incomplete information and the respective equilibrium concepts such as the Baysian- and the Perfect Baysian Nash equilibrium. Furthermore, core refinements of the Nash equilibrium are presented. These concepts are applied to the industrial economic problem of the Chain Store Paradox. In the further parts of the lecture, the numerous industrial economic issues of the especially relevant signal games as well as repeated games are discussed. In this context, the propositions of the Folk theorem are examined, especially in the context of the stability of cartels. | Lecture |
Master
| Title (Link to ILIAS course) | Contents | Eventtype (Link to course catalog) | ||
|---|---|---|---|---|
| Advanced Industrial Organization | In modern economies, most markets are characterized by a small number of firms that act strategically towards their rivals and their customers. In the lecture, pricing strategies of firms under imperfect competition are discussed. Further, various abusive practices such as predatory pricing, price-cost squeezes, tying, and strategic barriers to market entry are analysed. The second part of the lecture deals with vertical market structures and related agreements like e.g. exclusive-dealing contracts, retail price maintenance, and the analysis of vertical mergers in oligopolistic markets. Questions of intellectual property and patent protection are particularly important in markets with a high degree of innovation dynamics, as well as digital markets. | Lecture | ||
| Exercise |
Seminare
| Title (Link to ILIAS course) | Contents | Eventtype (Link to course catalog) |
|---|---|---|
| Interdisciplinary seminar on Antitrust Law and Economics | A seminar paper will have to be written on an interdisciplinary topic of anti-trust law and ecconomic theory. | Seminar (Bachelor) |
| Profile Seminar on Antitrust Law and Economics | A seminar paper will have to be written on an interdisciplinary topic of anti-trust law and ecconomic theory. | Seminar (Bachelor) |