Industrial Economics

Learning Outcomes

Learning Outcomes

Having successfully completed this module you will be able to:

• Developed competence in handling analytical models
• Be able to apply these models to new situations

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. Horizontal and Vertical Mergers

Teaching and learning methods

Lectures and Tutorials

Resources & Reading list

General Resources

Other course information available via blackboard.

Textbooks

A Primer in Game Theory. FT Prentice Hall.

The Theory of Industrial Organization. MIT press.

Game Theory. MIT Press.

Sunk Costs and Market Structure. MIT press.

Industrial Organisation: A Strategic Approach. McGraw Hill.

Assessment strategy

Assessment in this module is through an end of module examination (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 end of module examination only.

Summative

This is how we’ll formally assess what you have learned in this module.

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

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.

Repeat Information

Repeat type: Internal & External