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Бакалавриат 2022/2023

Экономика отраслевых рынков

Направление: 38.03.01. Экономика
Когда читается: 4-й курс, 1-4 модуль
Формат изучения: с онлайн-курсом
Онлайн-часы: 64
Охват аудитории: для своего кампуса
Язык: английский
Кредиты: 10
Контактные часы: 112

Course Syllabus

Abstract

Industrial Economics, or Industrial Organization (IO), is the area of economics that studies firms and their interaction. During the course we will study firms and markets as institutions, the state of competition, the strategic interaction among firms, the industrial policy and decisions companies make within the market environ-ment. IO is a course in applied economic theory. Topics include imperfect competition, contracts, price discrimination, and intellectual property rights. Pre-requisites: The course requires knowledge of intermediate microeconomics theory, basic econometrics, and calculus. Third-year game theory is a plus in understanding the material.
Learning Objectives

Learning Objectives

  • to expand the students’ knowledge in the field of microeconomic theory and develop skills for applying microeconomic concepts to different market structures
  • to provide students with knowledge of how real businesses operate and interact
  • to prepare students for graduate studies in economics and finance
Expected Learning Outcomes

Expected Learning Outcomes

  • apply analytical models of firm behaviour and strategic interaction to evaluate various business practices, including tacit collusion, entry deterrence, product differentiation, price discrimination and vertical restraints
  • describe and explain the determinants of the size and structure of firms and the implications of the separation of ownership and control
  • describe and explain the pricing behaviour by firms with market power and its welfare implications
  • recognise and explain the basic determinants of market structure
  • recognise and explain the key issues in competition policy and regulation
Course Contents

Course Contents

  • Theory of the firm
  • Firm conduct and market structure
  • Competition policy and regulation
Assessment Elements

Assessment Elements

  • non-blocking Home assignments I
  • non-blocking Home assignments II
  • non-blocking Winter Exam
  • non-blocking Spring exam
  • non-blocking Midterm test
Interim Assessment

Interim Assessment

  • 2022/2023 2nd module
    0.6 * Winter Exam + 0.25 * Midterm test + 0.15 * Home assignments I
  • 2022/2023 4th module
    0.5 * 2022/2023 2nd module + 0.4 * Spring exam + 0.1 * Home assignments II
Bibliography

Bibliography

Recommended Core Bibliography

  • Industrial organization : a strategic approach, Church, J., 2000

Recommended Additional Bibliography

  • The theory of industrial organization, Tirole, J., 1993
  • Tirole, J. (1988). The Theory of Industrial Organization. Cambridge, Mass: The MIT Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=11386