Dr Matthew Olczak

Economics, Finance & Entrepreneurship Department

Matt Olczak 004 (1)

Matthew is an Industrial Economist with extensive research and teaching experience. His 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. His ongoing research examines hub and spoke cartels.  He has taught Microeconomics, Industrial Organisation and Competition Policy and have a keen interest in using technology to enhance teaching and learning.

 Senior Lecturer in Economics
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/