Title: Moduli space of bicanonical curves Abstract: In this talk, I will present the Geometric Invariant Theory of bicanonically embedded curves. A classic result of Mumford and Gieseker is that if a curve C is embedded by n-canonical system and n >= 5, the Hilbert point and the Chow point of C is GIT stable if and only if C is Deligne-Mumford stable. We investigate the stability question for the n = 2 case, and find that a semistable curve is allowed to have worse singularities (cusps and tacnodes) but the behaviour of its elliptic components is more restricted. After describing the semitable bicanonical curves and some computational techniques, I will explain how these new moduli spaces come into play in the study of birational geometry of the moduli space of stable curves $\bar M_g$.