Economics of Industry for Research Students

This information is for the 2021/22 session.

Teacher responsible

Dr Pasquale Schiraldi 32L.4.22, Prof Alessandro Gavazza 32L.4.21 and Prof Martin Pesendorfer 32L.4.19


This course is available on the MRes/PhD in Economics. This course is not available as an outside option.

Course content

The main goal is to familiarize students with selected theoretical and empirical topics in industrial organization and to put students in a position to do their own research.

Classical IO theory, well established empirical techniques including estimation of demand, production and models of strategic interaction and topics at the forefront of current IO research will be covered.


30 hours of lectures in the MT. 30 hours of lectures in the LT.

This course is delivered through a combination of classes and lectures totalling a minimum of 60 hours across Michaelmas Term and Lent Term. This year, some or all of this teaching will be delivered through a combination of virtual classes, live streamed (recorded) lectures, and some flipped content delivered as short online videos.

Formative coursework

Students will discuss papers in lectures.

Indicative reading

Readings will be mainly from journal articles; a list will be supplied at the start of term.


Problem sets (100%) in the MT and LT.

8 take home problem sets (two for each part - four in MT and four in LT). Each problem set will carry equal weight. Problem set questions may include an empirical exercise analysing data, a computation exercise, solving an analytical problem or evaluating a recent unpublished working paper.

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Important information in response to COVID-19

Please note that during 2021/22 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the differing needs of students in attendance on campus and those who might be studying online. For example, this may involve changes to the mode of teaching delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.

Key facts

Department: Economics

Total students 2020/21: 17

Average class size 2020/21: 16

Value: One Unit

Guidelines for interpreting course guide information