Industrial Orga, Regulation, Comp Policy

3 credits · Undergraduate

(3 hrs Lecture) This course examines the theory and policy related to the conduct of private firms in the economy. Industrial Organization is the field in economics which examines the strategic interaction between imperfectly competitive firms and how their conduct affects prices, industry outputs, and social welfare. Competition Policy (also called Antitrust Policy) involves legislation designed to restrict anticompetitive behavior of firms. In addition, governments sometimes use regulations to directly affect output and pricing in certain industries. Restriction: Students cannot hold credit for this course ECON-3307 and ECON-3308. Experimental Course - This course is offered on a trial basis to gauge interest in the topic. Students who successfully complete this course receive credit as indicated. Requisite Courses: ECON-2101 [prerequisite(s)].