Universität Wien
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040542 VK KFK IndM: Firms and Competition (2014W)

8.00 ECTS (4.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Please see the following website for all relevant information on the course

http://homepage.univie.ac.at/christoph.graf

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Wednesday 08.10. 10:00 - 13:00 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 08.10. 15:00 - 18:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Saturday 11.10. 10:00 - 18:00 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 20.10. 10:00 - 13:00 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Monday 20.10. 15:00 - 18:00 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 21.10. 15:00 - 18:00 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 22.10. 10:00 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Saturday 25.10. 10:00 - 18:00 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 13.11. 17:00 - 19:00 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 07.01. 15:00 - 19:00 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
  • Saturday 10.01. 14:00 - 18:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

Target audience of this course are Business students of the KFK Industrial Management. In the first part of this course we discuss market structures (e.g., perfect competition, monopoly, oligopoly). Furthermore, we study game theoretic models to analyze markets. We continue then to focus on electricity markets -- a market which gained importance in the last decade. This part of the course is complemented by a session from Wien Energie (http://www.wienenergie.at, a local utility) where current practical issues are discusssed. Finally, we analyze network markets. Most theoretic models are partial equilibrium models stemming from the discipline of industrial organization. To enrich the theoretic models we also have room for discussing relevant case-studies. All students should be interested in applied microeconomics.

Assessment and permitted materials

Minimum requirements and assessment criteria

Examination topics

Reading list

Wilkinson, N. (2005). Managerial Economics. Cambridge University Press.
Pindyck, R. S. and Rubinfeld, D. L. (2003). Mikroökonomie. Pearson Studium, München; Boston [u.a.].
Motta, M. (2004). Competition Policy. Cambridge University Press.
Shy, O. (2001). The Economics of Network Industries. Cambridge University Press.
Stoft, S. (2002). Power system economics : designing markets for electricity. Piscataway, NJ: IEEE Press New York, NY.
Murray, B. (2009). Power markets and economics : energy costs, trading, emissions. Wiley.
Erdmann, G. and Zweifel, P. (2008). Energieökonomik. Springer.

Association in the course directory

Last modified: Mo 07.09.2020 15:29