515 Industrial Economics and Industrialization
Economics
Approved course information last updated: 2 years, 3 months ago
Pre-requisites: None
Requisite To: None
Lab Session:
Course Description
Industrial organization is concerned with examining firm conduct and assessing market performance in the case of imperfect competition. The main purpose of this course is to understand and implement basic economic issues of firms, industries, and markets. These issues may include oligopoly theory, equilibrium analysis, strategic bidding and antitrust cases.
Course Learning Objectives (CLOs)
- Identify product differentiation conditions
- Identify and apply the main principles of effective firm decision making process.
- 1.
- 2. explain the output and pricing decisions of firms under different competition frameworks.
- 3.
- 4. explain price discrimination methods and their implications
- 5.
- 6. understand vertical relations and restraints in markets and supply chains.
Syllabus History