Industrial Organization

3 Credits · Level: Graduate, Undergraduate

This course examines the behavior of business firms and the performance of markets in monopoly and imperfectly competitive settings. Aspects of strategic decision-making that will be studied include price discrimination, product selection, intellectual property, and investment decisions. Public policy toward industry (e.g., antitrust and regulation) will also be discussed, with a focus on its effect on firm behavior and consumer welfare. Game theory will be used, and case studies will be introduced to shed light on the theories. Fall.