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Unit of study_
ECON4905: Topics in Industrial Organisation
This unit is concerned with the study of the economic theory of industrial organisation with an emphasis on oligopoly behaviour and its market outcomes. The unit examines market competitiveness in the framework of general equilibrium theory, as pioneered by Arrow and Debreu; monopoly and nonlinear pricing strategies; dynamic oligopoly; welfare outcomes of industrial organisation; and some aspects of government policy and regulation, especially in relation to mergers and collusion.
| Code | ECON4905 |
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| Academic unit | Economics |
| Credit points | 6 |
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Prerequisites:
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None |
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Corequisites:
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None |
| Prohibitions:
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None |
At the completion of this unit, you should be able to:
- LO1. demonstrate a solid understanding of the ideas of microeconomic theory that underpin models of industrial organisation and to display an intuitive understanding of the results generated by these theories and how they relate to underlying assumptions
- LO2. apply the fundamental microeconomic principles to diverse problems in industrial organisation, related policies, to novel contexts, and to independent research.
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