Meghan Busse joined the Kellogg faculty in 2008 as an Associate Professor of Strategy. Prior to that, she was on the faculty of the Haas School of Business at UC Berkeley and at the Yale School of Management. At Kellogg, she teaches the core strategy course and an elective course on the economics of energy markets and the environment.

Professor Busse's early research focused on market structure and competition, with particular interest in pricing and price discrimination. She has studied these issues in a variety of industries, including cellular telephones, airlines, and automobiles. Her recent work has been in the area of energy and environmental economics. Professor Busse investigates how the effectiveness of environmental and climate policy is determined not only by the design of the policy itself, but also by the strategies and competitive interactions of the firms to whom the policy is applied.  

Professor Busse received her PhD in economics from MIT. She is a research associate of the National Bureau of Economic Research.

Pricing, price discrimination, market structure and competition, energy economics

• PhD, 1997, Economics, Massachusetts Institute of Technology
• BA, 1992, Economics, Brigham Young University, Magna cum laude

• Associate Professor, Management and Strategy, Kellogg School of Management, Northwestern University, 2008-present
• Assistant Adjunct Professor, Economics, Haas School of Business, UC Berkeley, 2004-2008
• Visiting Assistant Professor, Economics, Haas School of Business, UC Berkeley, 2002-2004
• Visiting Assistant Professor, Economics, Kellogg School of Management, Northwestern University, 2001-2001
• Assistant Professor, Economics, Yale School of Management, Yale University, 1997-2002

• Faculty Research Fellow, National Bureau of Economic Research, 2008-present
• Visiting Researcher, UC Berkeley, 2004-2008

• Chairs Core Course Teaching Award
• Sidney J. Levy Teaching Award, Kellogg School of Management
• Nominee for L.G. Lavengood Outstanding Professor of the Year, Kellogg School of Management
• Nominee for L.G. Lavengood Outstanding Professor of the Year
• Sidney J. Levy Teaching Award, 2018-2019
• Chairs' Core Course Teaching Award, 2017-2018
• Nominee for L.G. Lavengood Outstanding Professor of the Year, Kellogg School of Management
• Appointed member, National Bureau of Economic Research (Industrial Organization Program)
• Chairs' Core Course Teaching Award, Kellogg School of Management, 2013-2014
• Appointed member, Energy and Environmental Economics Program of the National Bureau of Economic Research, 2012-Present
• Chairs' Core Course Teaching Award, Kellogg School of Management, 2009-2010

• Editor, Journal of Industrial Economics, 2021

Strategy, microeconomics, and energy economics

The Economics of Energy Markets and the Environment (STRT-458-0)
TThis course is about the economics of energy markets. Energy industries are particularly strongly driven by fundamental economic forces, which means that strategy setting and decision making in energy (and energy-facing) industries relies on having a good understanding of how energy markets work. While the course will cover various energy industries, the main emphasis will be on microeconomic tools of analysis that are useful across multiple industries. Topics include the drivers of supply and demand in competitive energy markets, including the roles of storage and transportation; market power and antitrust concerns; and the rationale for economic and environmental regulations. Class time will be a mix of lecture and discussions. The lectures will present formal microeconomic models of energy markets and describe relevant energy market institutions. Class discussion will focus on using the economic models presented in class to understand current events in various energy industries. Students should expect daily reading assignments of 6-10 popular press articles that will form the basis of class discussion. The course deliverables include regular homework assignments and a final exam.

Business Strategy (STRT-431-0)
Strategy is the set of objectives, policies and resource commitments that collectively determine how a business positions itself to create wealth for its owners. This course introduces students to principles and conceptual frameworks for evaluating and formulating business strategy. Topics include the boundaries of the firm, the analysis of industry economics, strategic positioning and competitive advantage, and the role of resources and capabilities in shaping and sustaining competitive advantages.