Course Information

Course Code:
Course Number:
Code Course Name Language Type
ECN 305E Industrial Organisation English Compulsory
Local Credits ECTS Theoretical Tutorial Laboratory
3 7 3 0 0
Course Prerequisites and Class Restriction
Prerequisites ECN 201E MIN DD
Class Restriction None
Course Description
While perfect competition is the focus in a typical Microeconomics class, Industrial Organisation focuses on firm behavior in imperfectly competitive markets, which are far more widespread. Utilizing optimization or game theoretical techniques as necessary, different market structures including monopoly, oligopoly, and cartels are examined, and firms’ various price and non- price strategies are analyzed. Purposes and applications of antitrust & competition policy are introduced in international and global contexts. Numerous actual business strategies and court or regulatory cases are also discussed.