Course Description
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)
Course Objectives
The class analyzes firms' performance and conduct toward rival firms, suppliers, and customers under different market structures, including perfect competition and monopoly. Pricing choices and strategic behavior are studied, as are the rationale and consequences of antitrust regulation and other public policies.
Topical Outline
Overview The Firm and Costs Competition Monopoly Monopsony Dominant Firm Cartels Non-Cooperative Oligopoly Monopolistic Competition Industry Structure and Performance Price Discrimination Advanced Topics in Pricing Strategic Behavior Vertical Integration Information
Syllabus