This course teaches students how to build econometric models from economic theory to investigate how markets operate, and evaluate policy-relevant questions. Applicants of econometric tools developed in this course will be highlighted in various fields of economics including industrial organization, public economics, health and others. Examples of topics covered include: firms’ use of price discrimination as a profit-maximizing strategy; measuring the welfare effects of mergers for antitrust analysis; identifying strategic interaction amongst governments and its impact on policy decisions; and quantifying moral hazard and adverse selection in health insurance markets. Basic topics in... -- Course Website
Prerequisites: Subject Study Period Commencement: Credit Points: ECON40001 Advanced Microeconomics Semester 1 12.50 and Subject Study Period Commencement: Credit Points: ECOM40006 Econometric Techniques Semester 1 12.50