Industrial Organization (3 ects)
The course presents an introduction to the modern theory of Industrial Organization. In most markets the assumptions of perfect competition are not met. We will work to understand the working of industries with limited competition and its implications both from a theoretical and a practical point of view. Aspects considered include basic monopoly and oligopoly theory; price competition; cartels; mergers and acquisitions. The final part of the course introduces the main concepts used in the analysis of regulation of network industries.
L. Pepall, D.J. Richards, G. Norman, Industrial Organisation: Contemporary Theory and Practice, Blackwell Publishing, Malden, MA., 2008. th Edition.
Additional material will be distributed during the course.
100% final exam