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ECON 468

INDUSTRIAL ORGANIZATION AND IMPERFECT COMPETITION

3-4 credits.

An overview of the theory of industrial organization, including the study of oligopolistic behavior, monopolistic competition, product differentiation and the dynamic behavior of competitive industries under uncertainty.

Prerequisites & course information

Requisites: ( ECON 301 or 311 ) and (MATH 217 or 221 ) Course Designation: Core GenEd - Social & Behavioral Science Level - Advanced L&S Credit - L&S Liberal Arts and Science Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Describe and model how firms acquire and maintain market power. Audience: Undergraduate 2. Describe and model how firms exercise market power. Audience: Undergraduate 3. Describe and model the implications of market power for economic efficiency and social welfare. Audience: Undergraduate 4. Describe and model when and how a government can intervene to improve outcomes. Audience: Undergraduate Learning Outcomes: 1. Describe and model how firms acquire and maintain market power. Audience: Undergraduate 2. Describe and model how firms exercise market power. Audience: Undergraduate 3. Describe and model the implications of market power for economic efficiency and social welfare. Audience: Undergraduate 4. Describe and model when and how a government can intervene to improve outcomes. Audience: Undergraduate

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