Course Objective:
- Study firm behavior in settings where perfect competition does not hold.
- Analyze the pricing and marketing strategies firms use to increase profits.
- Examine the effects of interactions between firms, including the risks of anti-competitive coordination.
- Evaluate public policy responses to firm behavior, focusing on antitrust laws and regulation.
- Apply consumer and producer theory, with emphasis on game theory, to understand firm strategy.
- Connect theoretical and empirical tools to real-world issues in markets, providing foundations for careers in consulting, finance, law, and public policy.