Industrial Organization I (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
grading: 100% final exam.
Industrial Organization I corresponds to the first half of the course (weeks 1 – 7) of the above program, 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 in Public Policy, 1st year
- Master of Science in Economics, Lecture, 120 ECTS, Elective, 2nd year
- Master of Science in Economics, Lecture, Internship or Electives, Elective, 2nd year
- Master of Science in Economics, Lecture, Mandatory if without internship, Elective, 2nd year
