Dr Matthew Olczak

Economics, Finance & Entrepreneurship Department

Matt Olczak

I am an Industrial Economist with extensive research and teaching experience. My recent research has modelled the incentives of colluding firms, with the aims of explaining real-world collusive behaviour and improving competition policy to regulate collusion and cartels. My ongoing research examines hub and spoke cartels.  I have taught Microeconomics, Industrial Organisation and Competition Policy and have a keen interest in using technology to enhance teaching and learning.

Position: Senior Lecturer
Phone: +44(0)121 204 3107
Email: m.olczak@aston.ac.uk
Room: SW1017 


  • Post Graduate Certificate of Professional Practice in Higher Education, Aston University, 2011
  • PhD Economics, University of East Anglia, 2009
  • MA Industrial Economics, University of East Anglia, 2002
  • BA Economics, University of East Anglia, 2001


  • 2009 - to date: Lecturer, Economics & Strategy Group, Aston Business School
  • 2002 - 2009: Research Associate, ESRC Centre for Competition Policy, University of East Anglia
  • 2002 - 2008: Teaching Assistant, University of East Anglia.

  • 2006 - 2007: Lecturer, University of East Anglia. 

Undergraduate teaching:

  • Tacit and explicit collusion
  • Merger policy
  • Vertical restraints
  • Recommended retail prices
  • Using technology to enhance learning and teaching (see video)

Work in progress: 

  • Market transparency and collusion under imperfect monitoring (with L.Garrod) 
  • The role of the maverick firm concept in European Commission merger decisions (with J.Bromfield) 


Completed students: 
  • Joseph Bromfield - Maverick firms (Main supervisor) 
  • Yupu Lin - Cross-border mergers and acquisitions under the context of globalisation (Support supervisor)
  • Support supervisor for Sharin McDowall – Ethnic diversity, corruption and financial development  (Support supervisor) 
Available to supervise students in industrial organisation and competition policy.  
  • Associate Member of the ESRC Centre for Competition Policy http://competitionpolicy.ac.uk/
  • European Association for Research in Industrial Economics, Network of Industrial Economists, Fellow of Higher Education Academy. 
  • Member, Network of Industrial Economists

  • Senior Fellow, Higher Education Academy. 

Refereed Journal Articles

  Learning and Teaching

  • Jones, C. and Olczak, M. (2017). The impact of lecture capture on student performance. Forthcoming in Australasian Journal of Economics Education. 
  • Garrod, L., Olczak, M. and Wilson, C.M. (2016). Rockets and Feathers: How Do Changes in Production Costs Affect Prices?” (2016), Economic Review, 34(1), 24-27  
  • Olczak M., (2014). Book review: The undercover economist strikes back: how to run or ruin an economy (by Tim Harford). Forthcoming inInternational Review of Economics Education       
  • Olczak, M., (2014). Evaluating the impact of a web-based resource on student learning International Review of Economics Education, 16, 156-169
  • Jones, C., and Olczak, M. (2013). The impact of Aston Replay on student performance. Aston Business School Good Practice Guide in Learning and Teaching (vol. 10, pp. 1-6)
  • Olczak, M., (2012). Using an online resource to set assessed weekly quizzes, Aston Business School Good Practice Guide in Learning and Teaching, 9, 32-4. http://www1.aston.ac.uk/clipp/learning-innovation/ltr-good-practice-guides/