Industrial Organization
Course content
The course will present students with some of the main
results and models of modern industrial economics. It is a standard
course focusing on theoretical as well as applied aspects of
industrial organization. Main topics covered are:
- Market structure and market power
- Cost and technology
- Monopoly power
- Oligopoly and strategic interaction
- Anticompetitive strategies
- Contractual relations between firms
MSc Programme in Agricultural Development
MSc Programme in Agricultural Economics
MSc Programme in Environmental and Natural Resource Economics
The objective of this course is to learn concepts and techniques
of analysis in Industrial Economics and to apply this knowledge to
problems faced by decision makers in the business organizations as
well as policy analysts.
After completing the course the student should be able to:
Knowledge:
Students are expected to
- Know some theoretical modeling and results concerning
different market forms; quantity setting, pricing and bundling,
product variety and quality.
- Know some modeling and results concerning firms’ strategic
interaction; Cournot, Bertrand and Stackelberg models.
- Know some modeling and result concerning anticompetitive
strategies; limit pricing and entry deterrence, predatory pricing,
cartels and collusion.
- Know some modeling and results concerning contractual
relations between firms; horizontal and vertical mergers, and
vertical price restraints.
- Know some modeling and results concerning non-price competition; information and advertising, research & development, and patents.
Skills:
Students are expected to
- Understand various results and techniques related to market
forms, organization and firms’ strategic interaction.
- Reflect on particular cases using the models and analytical tools
of industrial economics.
Competences:
Students should be able to
- Identify and analyze basic industrial organization issues.
- Analyze particular issues related to firms strategies and market
forms.
The instruction consists of a combination of lectures (which review the basic theories and models) exercises, case studies, text reading and discussion. In addition each student will have to hand in a group based project report.
See Absalon for a list of course literature.
Course in intermediate microeconomics
Academic qualifications equivalent to a BSc degree is
recommended.
- ECTS
- 7,5 ECTS
- Type of assessment
-
Oral examination, 20-25 minutes
- Type of assessment details
- The individual oral exam is based on the project report and
general questions in the course literature.
No preparation time. - Exam registration requirements
-
Approval of a group based project report is a prerequisite for attending the exam.
- Aid
- Without aids
- Marking scale
- 7-point grading scale
- Censorship form
- No external censorship
Two internal examiners
- Re-exam
-
As the ordinary exam.
If the student has not handed in the group project report, then the students must individually make a report. It must be handed in three weeks prior to the re-exam. It must be approved before the exam.
Criteria for exam assessment
To obtain the grade 12 the student has to fullfil the Learning Outcome.
Single subject courses (day)
- Category
- Hours
- Lectures
- 32
- Preparation
- 123
- Theory exercises
- 28
- Project work
- 20
- Exam
- 3
- English
- 206
Kursusinformation
- Language
- English
- Course number
- NIFK14022U
- ECTS
- 7,5 ECTS
- Programme level
- Full Degree Master
- Duration
-
1 block
- Placement
- Block 1
- Schedulegroup
-
A
- Capacity
- No limits
The number of seats may be reduced in the late registration period - Studyboard
- Study Board of Natural Resources, Environment and Animal Science
Contracting department
- Department of Food and Resource Economics
Contracting faculty
- Faculty of Science
Course Coordinator
- Saraly Andrade de Sá (6-7c6a7b6a758249726f7b7837747e376d74)
Er du BA- eller KA-studerende?
Kursusinformation for indskrevne studerende