Michael D. Noel
Associate Professor
of Economics

Texas Tech University

 

 

Explore Professor Noel's research articles
Working paper and pre-publication versions of many of Professor Noel's published research articles can be found here.

Explore Professor Noel's courses
A list of courses offered by Professor Noel in Industrial Organization, Antitrust, and Microeconomics, past and present, can be found here

Professor Noel's Curriculum Vitae
A list of Professor Noel's publications, professional positions, education, and other work can be found here.


Associate Professor of Economics
Texas Tech University
michael.noel@ttu.edu
858-357-3818

 

Graduate and Undergraduate Courses

Courses Taught at Texas Tech University:

Graduate Level (Ph.D.) Course :

ECON5347 Industrial Organization Theory

The course provides a graduate level introduction to Industrial Organization Theory. It deals with cost functions, price discrimination, monopoly power, oligopoly, entry, information, mergers, vertical restraints, and regulation. It assumes a familiarity with basic micro theory and game theory.

ECON5348 Seminar in Empirical Industrial Organization

The course provides a graduate level introduction to Industrial Organization. It deals with price discrimination, monopoly power, oligopoly, entry, information, mergers, vertical restraints, regulation, discrete choice and modelling, and econometric estimation techniques. It assumes a familiarity with micro theory, game theory and econometrics.

Undergraduate Courses:

ECON3325 Special Topics in Applied Economics

This course on antitrust and economic regulation. First, we discuss the economic theory that should guide antitrust laws of the United States and discuss the actual current and historical antitrust laws and key antitrust cases in the context of underlying economic theory. Secondly, we discuss the costs, benefits, methods, and outcomes of economic regulation from a theoretical standpoint, and then examine the actual U.S. experience in a large number of industry case studies.

ECON3326 Industrial Organization

Industrial Organization uses non-cooperative game theory to analyze the strategic behavior and interaction of firms in imperfectly competitive markets. Topics include pricing strategies, collusive behavior, entry decisions, entry deterrence, advertising, research and development, firm structure and merger activity. Special attention will be given to teaching the skills of economic modeling. Students will learn how to develop models and solve them for the profit-maximizing strategies of firms under a variety of market situations and the social-welfare-maximizing outcomes promoted by government.

Courses Taught at UC San Diego:

Graduate Level (Ph.D.) Course :

ECON260 Industrial Organization

The course provides a graduate level introduction to Industrial Organization. It deals with price discrimination, monopoly power, oligopoly, entry, information, discrete choice and modelling, and econometric estimation techniques. It assumes a familiarity with micro theory, game theory and econometrics.

Undergraduate Courses:

ECON105 Industrial Organization and Firm Strategy

Industrial Organization uses non-cooperative game theory to analyze the strategic behavior and interaction of firms in imperfectly competitive markets. Topics include pricing strategies, collusive behavior, entry decisions, entry deterrence, advertising, research and development, firm structure and merger activity. Special attention will be given to teaching the skills of economic modeling. Students will learn how to develop models and solve them for the profit-maximizing strategies of firms under a variety of market situations and the social-welfare-maximizing outcomes promoted by government.

ECON107 Regulation and Antitrust

This is a course on antitrust and economic regulation. First, we discuss the economic theory that should guide antitrust laws of the United States and discuss the actual current and historical antitrust laws and key antitrust cases in the context of underlying economic theory. Secondly, we discuss the costs, benefits, methods, and outcomes of economic regulation from a theoretical standpoint, and then examine the actual U.S. experience in a large number of industry case studies.

ECON100A Intermediate Microeconomics I (Consumer Theory)

This is the first course in the upper division microeconomics sequence. In the sequence, we revisit the supply and demand model from the micro principles course but do so in a more rigorous and mathematical way. The first course in the sequence, 100A, analyzes the demand side. We work through the problem of utility maximization by consumers using optimization techniques from multivariate calculus and ultimately derive a demand curve and its properties. We consider a variety of choice applications and decision making under uncertainty.

ECON100B Intermediate Microeconomics II (Cost and Competition Theory)

This is the second course in the upper division microeconomics sequence. In the sequence, we revisit the supply and demand model from the micro principles course but do so in a more rigorous and mathematical way. The second course in the sequence, 100B, analyzes the cost strucure of firms, and then analyzes the paradigm of perfect competition. We work through the problem of cost minimization by consumers using optimization techniques from multivariate calculus and ultimately derive a supply curve under perfect competition and its properties. We consider a variety of applications of the model.

ECON100C Intermediate Microeconomics III (Monopoly and Oligopoly Theory)

This is the third and final course in the upper division microeconomics sequence. In the sequence, we revisit the supply and demand model from the micro principles course but do so in a more rigorous and mathematical way. This third course in the sequence analyzes the supply side when competition is imperfect. We work through the problems of monopoly and oligopoly using techniques from multivariate calculus. We consider a variety of more advanced applications such as incomplete information, public goods provision, and externalities.

ECON87 Freshman Seminar - Landmark Antitrust Cases in the U.S.

This freshman seminar looks at some major antitrust cases in the U.S. from the early twentieth century up to the present day. Some examples include the Great Vitamin Conspiracy, Microsoft, VISA International, Standard Oil, ALCOA, Leegin, Sharp Electronics, and others.

ECON87 Freshman Seminar - How to Take Risks

This freshman seminar introduces decisionmaking under uncertainty. Concepts include risk evaluation, expected value, expected utility, risk aversion, objective and subjective probablity, insurance, actuarial science, common pitfalls and traps.

Business School (MBA) Course :

MGT405 Microeconomics

This course introduces MBA students to economics, supply and demand, pricing strategies, market structure, and decisionmaking with economic data.

Courses Taught at MIT:

14.01 Microeconomics

This is advanced course in microeconomics, rooted in calculus techniques, and covering the fundamentals of supply and demand, consumer theory, competition theory, monopoly and oligopoly theory, entry, asymmetric information and uncertainty. Equivalent to an advanced or master's level course at many other universities.

Courses Taught at the University of Toronto:

ECO200 Intermediate Microeconomics

This is a full year course in intermediate microeconomics. Topics include supply consumer choice theory, cost functions, perfect competition, monopoly, oligopoly, asymmetric information and uncertainty.

ECO206 Intermediate Microeconomics with Calculus

This is a full year course in intermediate microeconomics using calculus. The topics are similar to those in ECO200, but will be more intensive and make extensive of calculus and optimization theory.

ECO305 Industrial Organization and Public Policy

This is a full year course in Industrial Organization, the study of firms, firm's decisionmaking processes, competitive and anti-competitive behaviors, and antitrust consequences of those behaviors.It discusses policy making in the context of monopolistic and oligopolistic markets, optimal regulation, and antitrust law. Topics include monopoly and oligopoly pricing, price discrimination, price fixing, tying and bundling, raising rivals' costs, predatory pricing, mergers, resale price maintenance, exclusive dealing, exclusive territories, refusals to deal, and regulation.

ECO326 Advanced Microeconomics

This is advanced course in game theory. Topics include static games of complete and incomplete information and dynamic games of complete and incomplete information, the concept of Nash Equilibria, Subgame Perfect Nash Equilibria, and Perfect Bayesian Nash Equilibria.

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