Econometrics and IO

This fall I lucked into a great teaching assignment: econometrics and industrial organization. Econometrics is the application of statistical methods to economic relationships, or “economic measurement.” Industrial organization is the study of market structure and economic performance, “everything interesting in micro that’s not labor economics.”

Both fields have been good to me, in that both have led to great research and consulting opportunities. And yes, I’ll miss having first-semester students in my classes this fall (something that always happened when the introductory course was part of my teaching schedule in the fall). But these are two subjects I love, and I’m ready to go!