Code |
Course Name |
Language |
Type |
ECN 305E |
Industrial Organisation |
English |
Compulsory |
Local Credits |
ECTS |
Theoretical |
Tutorial |
Laboratory |
3 |
7 |
3 |
0 |
0 |
Course Prerequisites and Class Restriction |
Prerequisites |
ECN 201E MIN DD
|
Class Restriction |
None |
Course Description |
While perfect competition is the focus in a typical Microeconomics class, Industrial Organisation focuses on firm behavior in
imperfectly competitive markets, which are far more widespread. Utilizing optimization or game theoretical techniques as
necessary, different market structures including monopoly, oligopoly, and cartels are examined, and firms’ various price and non-
price strategies are analyzed. Purposes and applications of antitrust & competition policy are introduced in international and
global contexts. Numerous actual business strategies and court or regulatory cases are also discussed. |
|