Ryan Kellogg: Teaching
ECON 431: Undergraduate Industrial Organization
ECON 431 is a course in industrial organization, the study of firms in markets. This field analyzes the acquisition and use of market power by firms, strategic interactions among firms, and the role of government competition policy. We will approach this subject from both theoretical and applied perspectives. Course assignments will include occasional problem sets, a midterm and final, as well as a multi-week competitive strategy game: teams of students will compete across a number of simulated markets, making decisions about pricing, manufacturing capacity, and entry / exit.
ECON 632: Graduate Industrial Organization
My half of Econ 632 will focus on empirical work in IO, particularly on the identification of costs, demand, and the impact of market power in various settings. We will particularly emphasize the use of theoretical and statistical assumptions in forming identification arguments. In doing so, we will discuss both recent work in IO as well as older papers, and discuss why some older methods have fallen out of favor.
ECON 662: Graduate Environmental, Energy, and Resource Economics
I have arranged my half of Econ 662 around 5 broad topics that have garnered substantial recent research interest: (1) interactions between automobile markets, fuel prices, fuel taxes, and fuel economy standards; (2) impacts of pollution and pollution regulations on economic outcomes for firms and households; (3) climate change damage estimation; (4) the impact of pollution on human health; and (5) consumer behavior related to household energy consumption. The papers we will study use a wide array of empirical methods, ranging from randomized field experiments, to quasi-experimental research designs, to structural modeling and estimation. I run this course as a "readings" course. We will cover two papers in each class (while of course noting other related work). Each paper we cover will first be presented by a student as if it were his/her own work, then discussed / critiqued by another student, and then discussed amongst all of us as a group. The course's assignments will be to carefully read, and be prepared to present/discuss, two papers each week.
Course materials are available on CTools (student access only).