Studies the theory of prices and markets; includes an analysis of the forces determining the allocation of economic resources in a market economy. Credit is not given for both ECON 3010 and 3110. Prerequisite: ECON 2010 and one of the following: MATH 1220, MATH 1320, APMA 1110.

Covers the building blocks of modern auction theory (e.g. First Price versus Second Price, Dutch versus English, Revenue Equivalence, Auctions of Multiple Goods), critically assesses this theory by studying recent auctions in practice (e.g. 3G auctions, milk and timber auctions, eBay versus Amazon), and applies auction theory to other, non-auction, environments (e.g. election races, take-over-bid-wars, duopoly pricing). Prerequisite: ECON 3010 and STAT 2120 or equivalent.

Empirical Industrial Organization examines various timely issues related to market structure, firm strategy, and market performance by combining the analysis of data and economic theory to develop and estimate econometric models. Prerequisites: ECON 301, ECON 372

Supervised research culminating in the writing of a Distinguished Majors thesis. Restricted to members of the Distinguished Majors Program.

Advanced study of selected problems in industrial organization. Prerequisite: ECON 8170 or instructor permission.

Studies current research in applied microeconomics. Prerequisite: Third-year status or instructor permission.

For doctoral dissertation, taken under the supervision of the first reader or prospective first reader.