Industrial Organization II (Master in Economics - 3 ects)
Review of Microeconomics
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.
Class lectures will be held by Prof. Jametti. In-class exercises will be held by the assistant.
There will be a final exam worth 100% of the final mark.
Industrial Organization I corresponds to the first half of the above course program (weeks 1 – 7), while Industrial Organization II to the second half (weeks 8 – 14).