Industrial Organization

(3 Credit Hours) · Undergraduate

The course will analyse the way in which firms and markets are organized; the ways in which firms interact within markets; and the policy instruments available to insure that welfare is maximised. The course starts with an overview of costs and market structures. The conduct of firms within markets will then be examined, both in terms of their interaction (strategic behavior and vertical relations). Finally, antitrust law and policies will be examined by discussing antitrust cases in class. Prerequisites: Junior Standing, EC 201.