Course Code & Number
ECON 414
Course Title
Industrial Economics
Credit Hours/ ECTS Credits
(3+0+0) 3 TEDU Credits, 6 ECTS Credits
Mode of Delivery:
Face-to-face
Language of Instruction:
English
Pre-requisite / Co-requisite:
Pre-requisites: ECON 212
Co-requisites: NONE
Catalog Description
Firms' behaviour in a market economy. Forms of state intervention in modern capitalist economics. The relationship between market structure, market behaviour and market performance.
Course Objectives
This course aims to introduce students to economic theories used in the analysis of industries; To evaluate these theories in view of empirical evidence; To describe policy implications of these theories and their empirical evaluation.
Software Usage
Students will use MS Office applications (Word, Excel, Access, Powerpoint) to work on their weekly assignments about 2 hours a week.
Course Learning Outcomes
Upon succesful completion of this course, a student will be able to
1. Explain basic models of the behavior of firms and industrial organization and how they can be applied to policy issues.
2. Be able to manipulate these models and be able to solve analytically problems relating to industrial economics.
3. Be familiar with the history of competition policy.
4. Analyse and evaluate the main approaches to industrial organization.
5. To explain how price and non-price competition among firms affect economic welfare.
6. Communicate their knowledge and understanding to others verbally during class and in written assigned coursework.
Learning Activities and Teaching Methods:
Telling/Explaining
Discussion/Debate
Questioning
Reading
Collaborating
Case Study/Scenarion Analysis
Guest Speakers
Web Searching
Assessment Methods and Criteria:
Test / Exam
Quiz
Presentation (Oral/Poster)
Assessment Methods and Criteria Others:
Design Content
Students will use MS Office applications (Word, Excel, Access, Powerpoint) to work on their weekly assignments about 2 hours a week.
Recommended Reading
1. Cabral. L. M., Introduction to Industrial Organization. MIT Press, USA, 2000.
2. Carlton. D.W., J. M. Perloff and R. S. Porter, Modern Industrial Organization. 4th Edition, Addison Wesley Longman, Boston, 2004.
3. Waldman. E. D. and E. J. Jensen, Industrial Organization: Theory and Practice. 3rd Edition, Addison- Wesley, Boston, 2007.
4. Martin. S., Industrial Organization in Context. Oxford University Press, Oxford, 2010.
Required Reading
1. Pepall. L., D. Richards and G. Norman, Industrial Organization: Contemporary Theory and Empirical Applications. 4th Edition, Blackwell, 2008.
Learning Activities and Teaching Methods Others:
Course & Program Learning Outcome Matching:
