Universität Wien

040542 VK KFK IndM: Firms and Competition (2015W)

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

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

  • Tuesday 03.11. 09:00 - 12:00 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 04.11. 09:00 - 12:00 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 09.11. 09:00 - 12:00 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 10.11. 12:00 - 15:00 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 16.11. 09:45 - 13:00 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 17.11. 12:00 - 15:00 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 23.11. 09:00 - 12:00 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 24.11. 12:00 - 15:00 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 30.11. 09:00 - 12:00 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 14.12. 08:00 - 11:15 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 15.12. 12:00 - 15:00 Seminarraum 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 16.12. 11:30 - 14:45 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 17.12. 08:00 - 11:00 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 18.12. 13:15 - 16:30 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. 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. In the second part of the course, the students are then asked to apply this knowledge by presenting and discussing selected papers or case studies.

Assessment and permitted materials

- Homework (10%),
- Written Exam (40%),
- Presentation (30%),
- Paper (20%)

A minimum of 50% is required to pass the course.

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