Economics: Market Analytics

The specialization studies in market analytics focuses on various aspects relevant for understanding economic markets. This specialization discusses both theoretical concepts on measuring for example market power and competition as well as methods for data driven analysis of relevant processes. The theoretical analysis uses techniques from microeconomics on firm behavior, price setting and innovation, but also considers public policy of market authorities that aim at reducing market power of a firm within a single market. The empirical part focuses on how the effectiveness of public policy can be evaluated and introduces students with big data and machine learning techniques that can be used to analyze processes relevant for firms. A thesis in this specialization can be theoretical or empirical and can focus on firm behavior or on public policy.

After completing this specialization you are well equipped to work either for a market authority or for a firm using data science techniques which can for example be found in the financial and tech sector.

Courses

• Intermediate Microeconomics (P1)
• Introduction to Econometrics (P1)
• Advanced Microeconomics (P1)
• Applied Econometrics (P1)
• Advanced Macroeconomics (P2)
• Free Elective Course (P2)
• Research Project (P3)
• Data Analytics for Economists (P4)
• Industrial Organization and Competition Policy (P4)
• Thesis (P5/6)