LEARNING OUTCOMES
This course provides an introduction into the theory and practice of pricing. Theoretical concepts from information economics and game theory are applied in a variety of applications with relevance to market design and real world managerial problems.
Credits: 6
Schedule: 05.09.2022 - 19.10.2022
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Pauli Murto
Contact information for the course (applies in this implementation):
CEFR level (valid for whole curriculum period):
Language of instruction and studies (applies in this implementation):
Teaching language: English. Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
Amongst the topics covered in the course are: Price discrimination,
failure of law of one price, bundling and versioning, revenue management, auctions and market design.
Assessment Methods and Criteria
valid for whole curriculum period:
- Exam
- Assignment
- Exercise sets
Workload
valid for whole curriculum period:
The course has 4 learning elements: lectures, assignments, exercises and final examination.
Lectures and background readings (48h)
- Conceptual background
- Theory and applicationsAssignments (42 h)
- Problems with a real-case connection (themes will be given)
Exercises: (42h)
- Three exercise sessions.
- The students work independently on problem sets and hand them in before the exercise sessions.
Exam and preparation (28h)
DETAILS
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
SDG: Sustainable Development Goals
9 Industry, Innovation and Infrastructure
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Language : English
Teaching Period : 2022-2023 Autumn I
2023-2024 Autumn IEnrollment :
Registration in Sisu.
- Teacher: Pauli Murto