The module will provide an introduction to the field of Industrial Organisation at a graduate level.
Aims and Objectives
Learning Outcomes
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, accommodation and exit
7. Measurement of market power and state of competition
Learning and Teaching
Teaching and learning methods
Lectures and Tutorials
Assessment
Assessment strategy
Assessment in this module is through a final exam (worth 100% of the final mark). This is supported by formative assessment in form of problem sets and online quizzes. This is the same for internal repeat. Assessment for external repeat and referral is through final exam only.
