Course Description
The structure, conduct, and performance of suppliers and customers in product and geographic markets. Topics treated include recent industry studies, consequences of technological change, the role of property rights and transactions costs, and federal and state public utility and antitrust regulations.
Athena Title
INDUSTRIAL ECON I
Prerequisite
ECON 8010
Semester Course Offered
Offered every year.
Grading System
A - F (Traditional)
Course Objectives
In this course, students will develop an understanding of the structure, conduct, and performance of suppliers and customers in product and geographic markets.
Topical Outline
Introduction The Firm and Costs Competition Monopolies, Monopsonies, and Dominant Firms Cartels: Oligopoly Joint Decision Making Noncooperative Oligopoly Product Differentiation and Monopolistic Competition Industry Structure and Performance Price Discrimination Advanced Topics in Pricing Strategic Behavior Vertical Integration and Vertical Restrictions Information Advertising and Disclosure Decision Making Over Time: Durability Patents and Technological Change How Markets Clear: Theory and Facts International Trade Antitrust Laws and Policy Regulation and Deregulation
Syllabus
Public CV