Last modified: 31 Aug 2017 14:25
The course examines models of competition and collusion in industries. It also considers related issues of business strategy such as price discrimination and other sophisticated pricing methods, advertising, and product differentiation. The course illustrates the use of economic analysis in assessing the performance of industries and possible roles for public policy. Other topics that may be discussed include the economics of research and development and strategic trade policy. Game theory provides a framework for considering strategic interactions, and elements of game theory are discussed in the course. The course is intended primarily for honours undergraduates in Economics.
|Session||Second Sub Session||Credit Points||30 credits (15 ECTS credits)|
This course covers many of the traditional topics of industrial economics.
The course runs every two years, starting in 2013/14.
This is the total time spent in lectures, tutorials and other class teaching.
1st Attempt: 1 three-hour examination (80%); continuous assessment (20%) consisting of a graded written essay (maximum 2,500 words).
This will take place via tutorial discussions and written feedback on the written assignment.
Written feedback is given on the written assignment. On a less formal basis, verbal feedback is given during tutorial discussions.