Chair of Microeconomics

The department is dedicated to studying the supply side of economics, with a focus on production networks for goods and services. We mainly empirically investigate how firms organize their networks, what are the implications for production efficiency and overall welfare, and last but not least, how the international division of labor affects the environment. A central role here is played by the market power of firms that arises from imperfect competition in value chains. Aligned with our research activities, we offer industrial economics, organizational economics, and foreign trade courses.