ETH - CEPE - Applied Microeconomics SS 08

E-LEARNING	This course is supported by an E-learning-platform. Students registered on www.mystudies.ethz.ch by 18.02.2008 will receive a user ID and password to access the E-learning platform. Students registering later should contact Andrea Horehajova There are lecture notes and reference material on the E-learning-platform.
Access to the platform Login - Problems

Details:

Contents

Topic 0: Course objectives, structure, evaluation

Topic 1: Applied Demand Analysis

Market Demand

Multiple regression models

Estimation of a Demand Function

Household production theory

Hedonic Pricing Method

Random Utility Theory

Laboratory 1: Demand estimation using single equation regression

Topic 2: Applied Cost Analysis

Economies of Scale and Scope

Cost function

Model specification

Functional form

Measuring efficiency in practice

Topic 3: Regulation of public utilities

Need for regulation

Regulatory mechanisms

Efficiency and productivity

Topic 4: Efficiency and Productivity Analysis

Benchmarking methods

Productivity methods

Efficiency concepts

Topic 5: Reforms in the electricity sector

Elements of a reform

The Swiss case

Reforms of the electricity power sector

Topic 6: Investment Selection

Evaluating investment projects

Competitiveness of Swiss hydropower sector

Energy Efficiency Gap

Goal

This course is a laboratory of applied economics for research in the field of industrial organization
The main objective is to learn how to apply microeconomic analytical tools and econometric methods to the analysis of various issues in industrial organization
The course will focus on the following issues:
estimating demand and cost functions
analyzing efficiency
analyzing applied regulation instruments

Literature

A bibliography will be circulated at the begining of the course

Instructor:

Prof. Massimo Filippini

044 632 06 49

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