Associate Professor of Economics
Texas Tech University
+1 (806) 853-7204


Dr. Michael D. Noel is an Economist and an Associate Professor in the Department of Economics at Texas Tech University, in Lubbock, Texas. He holds a Ph.D. in Economics from the Massachusetts Institute of Technology (M.I.T.).

Professor Noel publishes extensively on antitrust and competition issues in the Oil & Gas sector and other industries. He teaches graduate and undergraduate level courses at the intersection of economics and antitrust law, and regularly interacts with industry, government, the legal community, and the media -- locally, nationally, and internationally -- to discuss competition issues.


Professor Noel is an expert in antitrust economics and mergers. He has published extensively on Oil & Gas competition in particular, and is widely regarded around the world for his pioneering research on dynamic gasoline price competition and gasoline price cycles.

He has analyzed merger and antitrust issues in a wide range of other industries as well including various retail products, supermarkets, health care and pharmaceuticals, payment cards, book publishing, auto manufacturing, and more.

Professor Noel's areas of expertise include price fixing, collective dominance, coordinated behavior, predatory pricing, price discrimination, mergers, vertical contracts, damages, and regulatory issues. In addition, Professor Noel has extensive experience in labor and employment matters.

Above all, Professor Noel -- who has been teaching antitrust economics at the highest levels for twenty years -- has a unique ability to explain even the most complicated economic issues, to new economists and non-economists alike, in a straightforward and easy-to-understand way.


Professor Noel's research has been published in professional economics journals including the RAND Journal of Economics, the Review of Economics and Statistics, the Journal of Industrial Economics, the International Journal of Industrial Organization, Energy Economics, the Journal of Economics and Management Strategy, and others. He has also published articles at the intersection of economics and antitrust law in legal journals such as the Columbia Business Law Review, the CPI Antitrust Chronicle, the Antitrust Practitioner, and the Canadian Competition Law Review.

Professor Noel's research has been cited by economists, legal scholars, and competition authorities, domestically and internationally. He publishes on a variety of competition topics including pricing and price volatility, price fixing, price discrimination, mergers, market definition, regulation, and consumer elasticities, among others. His research featured prominently in a recent FTC investigation on petroleum pricing in the United States and his research on the Australian ethanol fuel mandate made headline news in Australia. He was recently commissioned by thirteen competition authorities in Latin America to advise them on the state of supermarket competition there.

Professor Noel gives seminars and lectures at universities and conferences around the world, and has presented his research to audiences on six continents.


Professor Noel teaches courses on competitive strategy and the economics of antitrust at both the graduate and undergraduate levels at Texas Tech University. He has also taught courses on strategy and economics at the University of California San Diego, the University of Toronto, and M.I.T., over the past twenty years.


Professor Noel is regularly called upon by local, national, and international media to discuss current economic events -- from changing oil prices and gasoline prices to disputed merger reviews to labor market issues.


Professor Noel holds a Ph.D. in Economics from M.I.T., a Masters degree in Economics from the University of Toronto and a Bachelors degree in Economics, Statistics, and Computer Science also from the University of Toronto.

He is a peer reviewer for over forty professional journals in economics.

Professor Noel is internationally recognized for his work in competition economics and has given seminars on his research at universities and conferences on six continents.

Current Employment

Associate Professor
Department of Economics
Texas Tech University

Prior Experience

Assistant Professor of Economics
University of California San Diego

Senior V.P., Edgeworth Economics

Special Consultant, NERA Economics

Special Consultant, LECG Economics

Course Instructor, M.I.T.

Course Instructor, University of Toronto

View Professor Noel's academic CV here.