Econ 171 Home Page
Industrial Organization: Theory and Tactics
Professor Thomas Hubbard
This class investigates how firms compete. It combines theory with investigations
of individual industries. The central issues concern firms' choice of price,
quantity, and quality in markets where the assumptions behind perfect competition
do not hold. These questions apply to a wide range of disciplines other
than economics, most immediately to antitrust/law and economics and business
strategy.
By and large, this class takes firms as decision-making units. If you
are interested in questions such as why firms exist at all and why they
have the organizational features they do, this is available in another
course I am teaching later this year, Econ
174: Organization of the Firm.