About this Course

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Approx. 26 hours to complete
English
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Approx. 26 hours to complete
English

Offered by

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National Research University Higher School of Economics

Syllabus - What you will learn from this course

Week
1

Week 1

3 hours to complete

The firm

3 hours to complete
11 videos (Total 84 min), 4 readings, 1 quiz
11 videos
Course promo2m
1. Tour of the course4m
2. What is a firm?7m
3. The technological view12m
4. Economies and concentration6m
5. Incomplete contract9m
6. Informational asymmetries10m
7. Long-run relationship8m
8. Vertical relationship model11m
9. Case: GM vs. Fisher Body9m
4 readings
About the University10m
Welcome note2m
Copy of Welcome note2m
Readings & Links2m
1 practice exercise
The firm1h
Week
2

Week 2

3 hours to complete

Game theory foundations

3 hours to complete
10 videos (Total 98 min), 1 reading, 1 quiz
10 videos
2. The bi-matrix and strict dominance10m
3. Dominant Equilibrium6m
4. Nash Equilibrium13m
5. Interesting cases of NE8m
6. The prisoner’s dilemma5m
7. Case: The cheater’s dilemma10m
8. Repeated games10m
9. Dynamic games8m
10. Example: Energon vs. Orange13m
1 reading
Readings & Links2m
1 practice exercise
Game theory foundations1h
Week
3

Week 3

3 hours to complete

Static competition

3 hours to complete
10 videos (Total 95 min), 1 reading, 1 quiz
10 videos
2. Competition in quantities12m
3. Application: Linear demand – constant cost11m
4. First mover advantage12m
5. Competition in prices9m
6. The Bertrand Paradox5m
7. Capacity constraints8m
8. Differentiated products9m
9. Application: Differentiated products6m
10. The prospect of collusion10m
1 reading
Readings & Links2m
1 practice exercise
Static competition1h
Week
4

Week 4

3 hours to complete

Dynamic competition

3 hours to complete
10 videos (Total 100 min), 1 reading, 1 quiz
10 videos
2. Infinite horizon12m
3. Renegotiation9m
4. Price wars14m
5. Establishing collusion14m
6. Complications: asymmetries and heterogeneity7m
7. Complications: volatility and structure8m
8. Antitrust9m
9. Prosecution is not straightforward8m
10. Detection6m
1 reading
Readings & Links2m
1 practice exercise
Dynamic competition1h

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