sap course 1429290313

Course Code & Number:

ECON 414

Course Title:

Industrial Economics

Level of Course:

BS

Credits:

(3+0+0) 3 TEDU Credits, 6 ECTS Credits

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.

Pre-requisites & Co-requisites:

Pre-requisites: ECON 212
Co-requisites: NONE
Year of Study: 
Senior
Semester: 
Spring
Mode of Delivery: 
Face-to-face
Language of Instruction: 
English
Course Type: 
Elective
Required Reading: 
1. Pepall. L., D. Richards and G. Norman, Industrial Organization: Contemporary Theory and Empirical Applications. 4th Edition, Blackwell, 2008.
Course Objective: 

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.

Extended Description: 

Static Oligopoly. Price Competition and Product Differentiation. Pricing and Price Discrimination. Strategic İnvestments. Product Differentiation. Collusion. Switching Costs and Network Externalities. Research and Development. Repeated Games and Cartels. Determinants of Market Structure. Market Dynamics. Advertising. Research and Development. Behavioral Industrial Organization.

Design Content: 

Students will use MS Office applications (Word, Excel, Access, Powerpoint) to work on their weekly assignments about 2 hours a week.

Computer Usage: 
Students will use MS Office applications (Word, Excel, Access, Powerpoint) to work on their weekly assignments about 2 hours a week.
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. 

Planned 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/Homework
Presentation (Oral/Poster)

Student Workload:

Quizzes /Homeworks
40
hrs
Midterm Exam 1
16
hrs
Final Exam
16
hrs
Research Review
24
hrs

Prepared By:

Jülide Yıldırım Öcal

Revised By:

sap_editor