Module overview
The module will provide an introduction to the field of Industrial Organisation at a graduate level.
Aims and Objectives
Learning Outcomes
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- key analytical methods in industrial economics, including from game theory
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- identify firms' optimal strategic behaviour and predict market outcomes
- apply adequate methods to address policy and normative questions in industrial economics
Syllabus
1. A review of basic game theory
2. Introduction to competition policy
3. Classic static oligopoly models
4. Dynamic price competition and tacit collusion
5. Competition with product differentiation
6. Entry, 网络彩票APP下载_澳客彩票网-官方游戏, and exit
7. Measurement of market power and state of competition
Learning and Teaching
Teaching and learning methods
Lectures and Tutorials
Type | Hours |
---|---|
Teaching | 24 |
Independent Study | 126 |
Total study time | 150 |
Resources & Reading list
General Resources
Other course information available via blackboard.
Textbooks
Sunk Costs and Market Structure. MIT press.
Industrial Organisation: A Strategic Approach. McGraw Hill.
The Theory of Industrial Organization. MIT press.
A Primer in Game Theory. FT Prentice Hall.
Game Theory. MIT Press.
Assessment
Assessment strategy
Assessment in this module is through a take-home assignment (worth 70% of the final mark) and through online tests (worth a total of 30% of the final mark). This is supported by formative assessment in form of problem sets. This is the same for internal repeat. Assessment for external repeat and referral is through take-home assignment only.
Summative
This is how we’ll formally assess what you have learned in this module.
Method | Percentage contribution |
---|---|
Assignment | 70% |
Online test | 30% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
Method | Percentage contribution |
---|---|
Assignment | 100% |
Repeat
An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.
Method | Percentage contribution |
---|---|
Assignment | 100% |
Repeat Information
Repeat type: Internal & External