Industrial Organization II (Master in Economics - 3 ects)
People
Course director
Assistant
Description
Introduction
Review of Microeconomics
Price discrimination
Product differentiation
Regulation
Game theory
Cournot
Bertrand
Dynamic Games
Cartels
Mergers
RPM
Objectives
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. Aditionally the course introduces the main concepts used in the analysis of regulation of network industries.
Teaching mode
In presence
Learning methods
Class lectures will be held by Prof. Jametti. In-class exercises will be held by the assistant.
Examination information
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).
Bibliography
- Peppall, Lynne. Industrial Organization: Theory and Applications; 5th Edition. 5. Wiley, 2014.
Education
- Master of Science in Economics, Lecture, minor Public Policy, 1st year