Energy Markets & Environmental Economics (ECON 473)
This is an upper-division course in energy economics. The role of energy in the economy is explored and the workings of major types of energy markets – coal, oil, natural gas, electricity, etc – are examined. The course emphasizes the use of tools from micro- economics (that is, price theory) and statistics; an important goal for the course is for students to develop their economic analysis skills by applying these tools to energy questions. Another important aspect of the course is the environmental impacts of energy production/consumption. We will examine these impacts and consider various public policies involving energy and the environment.
Business Strategy (ECON 551)
This is an online course in strategy for MBA students. The course is concerned with the long-term strategy of a business organization. It deals with identifying and analyzing past and current strategies and with formulating and implementing new ones. Our perspective is that of the general manager with overall responsibility for the performance of the firm or of a business unit within the firm. Such a manager needs to understand the basis for the current performance of the firm and to identify those changes (inside or outside the firm) that are most likely to adversely affect performance or to provide opportunities to improve future performance. The manager must then develop a strategy that uses the company’s resources and capabilities to compete successfully in its environment.
We use a text on strategic management that provides comprehensive coverage of concepts and analytical tools. Each week we will cover a business case that illustrates key concepts and provides context for applying analytical tools. There will be extended online discussions of the issues that arise in connection with each case. These discussions are an essential part of this course.
Industrial Organization and Regulation I (ECON 696P)
This is a doctoral-level course focused on theory and modeling. This course is typically offered in the fall semester. A companion course, ECON 696Q, focuses on empirical research in IO. [Syllabus]