Applied Econometrics
In this course you learn about regression analysis. In applied economics this is a powerful tool to analyse empirical relationships. Particular attention will be paid to the statistical assumptions underlying the basic model. We will cover the analysis of: (1) experimental data, (2) panel data and (3) time series.
Games and Strategy
In this course we use game theory to analyse optimal strategies for firms. After discussing the main concepts of game theory we apply these concepts to business strategy. We distinguish between the internal context and the external context of the firm.
Behavioural Economics
Classic economics assume agents to be rational and selfish. Behavioural economics challenge both assumptions. You will study individual choice: bounded rationality concepts in decisions under uncertainty, information processing, judgement, time preferences and heuristic decision-making. Also you will explore strategic interaction, especially social preferences and reciprocity.
Experimental Economics
In this course you will learn the basic methodology of experimental economics: how to design a simple experiment, including writing instructions. You will practice both with laboratory and field experimentation evolving around industrial organisation, labour economics, behavioural economics and individual and group decision-making.
Research Seminar
Formulating a good research question for your thesis can be challenging. This course helps you find one, by discussing your ideas with faculty members and fellow students.