Industrial Organization: Theory

3.00 credits · Undergraduate

Prereq: ECON 2001; ECON 2011; 3 credits from MATH 1111, 1151; or permission of the Department This course provides an overview of central theories of industrial organization, examining market power, the theory of the firm, and strategic behaviour, within classic and dynamic oligopoly theoretical frameworks. It makes explicit use of game theoretic techniques where appropriate. Topics may include: collusive and competitive behaviour, non-linear pricing, commitment and repeated games, and entry deterrence. [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] (Format: Lecture 3 Hours) (Exclusion: ECON 3611)