Useful links
Unit of study_
ECOS3005: Industrial Organisation
2024 unit information
This unit of study examines the nature of inter-firm rivalry in industries with market power. It explores the various ways in which firms can increase their market power by: extracting more surplus from consumers, by colluding with rivals or by excluding entrants. The unit also analyses the international competitiveness of industries in the context of industry assistance and the prevalence of foreign multinationals. Competition policy is also discussed.
Unit details and rules
Managing faculty or University school:
Economics
| Code | ECOS3005 |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
|
Prerequisites:
?
|
ECOS2001 or ECOS2901 |
|---|---|
|
Corequisites:
?
|
None |
| Prohibitions:
?
|
ECOS2201 |
| Assumed knowledge:
?
|
None |
At the completion of this unit, you should be able to:
- LO1. Understand how markets allocate and generate surplus
- LO2. Understand the role of the firm in the economic system and analyse what determines the boundaries of a firm
- LO3. Use economic models to critically analyse the relationship between market structure and market outcomes
- LO4. Use game theoretic tools to analyse firm strategy concerning output and pricing decisions
- LO5. Make use of appropriate economic models, analyse firm behaviour in dynamic scenarios (that is, timing of actions is important)
- LO6. Critically evaluate the role of government in addressing potential market failures and regulating markets.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
|
Semester 2 2024
|
Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
|
Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
