Unit name | Industrial Economics |
---|---|
Unit code | ECON30076 |
Credit points | 20 |
Level of study | H/6 |
Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
Unit director | Dr. Maija Halonen-Akatwijuka |
Open unit status | Not open |
Pre-requisites |
Intermediate Economics 1 (EFIM20008) and either Econometrics (EFIM20011) or Applied Quantitative Research Methods (EFIM20010) |
Co-requisites |
None |
School/department | School of Economics |
Faculty | Faculty of Social Sciences and Law |
This course examines strategic interactions between firms and the determinants of industrial structure. The first part of the unit is theoretical. It concentrates on the analysis of various aspects of oligopolistic industries, including collusion, foreclosure and networks and how the firms' behaviour can be constrained by competition policy. Furthermore, students apply economic theory to case studies in e.g. the battle between Blu-Ray and HD DVD.
Industrial Economics covers applied and empirical models in I.O. The course mostly covers issues in competition policy and its applications to different environments. The unit will help students to interpret empirical evidence and to apply economic theory to practical policy questions.
18 Lectures
8 classes
This pattern of teaching may be changed slightly to accommodate the Easter Vacation.
Formative assessment: 2 x 2000 word essays assesses intended learning outcomes 1-4.
Summative assessment: 3-hour written exam assesses intended learning outcomes 1-4.
Pepall, Richards and Norman (2008) Industrial Organization: Contemporary Theory and Empirical Applications (Blackwell)
Journal articles