Firms' performances and conduct toward rival firms, suppliers, and customers under different market structures, including perfect competition and monopoly. The rationale and consequences of antitrust regulation and other public policies.
Additional Requirements for Graduate Students: A course project or additional exam will be required of graduate students.
Athena Title
INDUSTRIAL ECON
Prerequisite
ECON 4010
Semester Course Offered
Offered every year.
Grading System
A - F (Traditional)
Student learning Outcomes
Students will be able to explain how different market structures—such as perfect competition, monopoly, and oligopoly—influence firm conduct, pricing strategies, and market outcomes.
Students will be able to use theoretical and empirical tools from industrial economics to analyze firm strategy, competition, and public policy within specific industries.
Students will be able to critically assess the welfare consequences of firm behavior and government intervention, identifying trade-offs between efficiency, innovation, and equity.
Students will be able to synthesize theory, data, and case evidence in group presentations and discussions, clearly articulating arguments both orally and in writing while collaborating effectively with peers.
