ECON 661 - Strategic Pricing

Units: 4
Applies economic models and econometric techniques to simulated and real data with an emphasis on demand estimation.

Prerequisites: ECON 610.
Possible Instructional Methods: Entirely On-ground.
Grading: A-F grading only.
Student Learning Outcomes - Upon successful completion of this course students will be able to:

Solve for equilibrium in game-theoretic models of pricing and price discrimination.
Identify how models of product differentiation, advertising, and pricing explain the observed action of firms.
Compute estimates of demand functions using instrumental variables to correct simultaneity bias.
Compute estimates of demand functions in a discrete choice framework.