Jean Tirole's Contributions to Economics

In 2014, the Memorial Nobel Prize in Economics went to Jean Tirole. Research Tirole's work and address the following issues in essay form:

• What was the winner's contribution to managerial economics?
• What current industries and price making-power issues are most relevant to his work?
• How is Tirole's work relevant to your current industry/area of professional interest?

Submit your responses in a Word document. Answers should be clear, concise and compelling. Support your answers in

In addition, you will be assessed on how compelling or persuasive you write. If your essay is fewer than

, you are probably not compelling enough, if it is greater than words, you are not concise enough. Specific reference to fact, terms used in the course, and logic will all help you to be compelling. Finally, a graduate level essay shall have no mechanical errors.