Industrial Organization

Catalog description

This course examines the determinants of firm and market structure and the resulting market performance in imperfectly-competitive markets. Advanced topics include advertising, research and development, imperfectly competitive international markets, and market integration. Emphasis is placed on using theoretical models of firm and industry behavior to explain and analyze real-world examples of firm behavior. Typically offered Fall. Prerequisite(s): ECON 25100 FOR LEVEL UG WITH MIN. GRADE OF C AND ECON 25200 FOR LEVEL UG WITH MIN. GRADE OF C AND MA 15910 FOR LEVEL UG WITH MIN. GRADE OF C Course Learning Outcomes Course objectives: if you successfully complete this course, you will (a) Have the ability to use basic versions of the models economists use to analyse imperfectly competitive markets; (b) Be aware of the results of empirical tests of those models, in the laboratory and using real-world data; (c) Recognize the implications of these models for public policy toward business competition. View Class Schedule