COURSE SYLLABUS
IE 415 INDUSTRIAL ECONOMICS (3-0) 3
URL: http://ie.atilim.edu.tr/~ie415
Catalog Data:
Competitive markets, real world institutions, and the internal organization of firms. Price Discrimination. Vertical Control. Oligopoly Theory. Product Differentiation under Oligopoly. Entry, Entry Deterrence, and Predation. New Empirical Industrial Organization. Non-cooperative game theory.
Tirole, J., The Theory of Industrial Organization, MIT Press, 1988.
Prerequisites by Topic:
None.
Method for Assessing Student Knowledge of Prerequisite Topics:
None.
Goals:
The purpose of this course is to introduce the student to the major areas encompassed by industrial organization, focusing on modern theoretical approaches and also on recent empirical studies.
Objectives:
· To show students that there are complexities in our understanding of the relevant market for competition purposes and that there are a number of competing perspectives in industrial economics which make public policy decisions problematic.
· To define industrial economics.
· To demonstrate what a concentration ratio is.
· To assess the definition of an industry.
· To compare and contrast various perspectives in industrial economics.
1. Monopoly (1 week)
2. Product Differentiation (1 week)
3. Price Discrimination (1 week)
4. Vertical Control (1 week)
5. Oligopoly Theory (1 week)
6. Product Differentiation under Oligopoly (1 week)
7. Entry, Entry Deterrence, and Predation (2 weeks)
8. Information and Strategic Behavior (1 week)
9. Traditional Industrial Organization: A Review (1 week)
10. New Empirical Industrial Organization (2 weeks)
11. International Trade and Industrial Organization (1 week)
Computer Usage:
· To prepare homework assignments.
· To access to obtain homework assignments and solutions on the web.
· To access resources on the web.
Laboratory Projects:
None.
Contribution to Professional Component:
· Mathematics and Basic Science 0 credits
· Engineering Science or Design 3 credits
· General Education 0 credits