ECON3012 - Industrial Economics I: Market Structure
The aim of the course is to provide students with a
framework for understanding modern issues in the theory of industrial
organisation, in particular firm behaviour and the welfare implications
of such behaviour in imperfectly competitive markets.
On completing the course students should be able to use economic theory and real world case studies to critically evaluate the extent of competition in markets and be able to explain core theories in the area to others.
The course comprises 20 hours of lectures, 2-hours of demonstration lectures and 4 compulsory tutorial classes. All students are required to submit 4 pieces of coursework and to work in small groups on a case study. These will be a mixture of essays and analytical questions. There will be a 2-hour unseen written examination in Term 3. Affiliate students leaving in December will take a 2-hour written examination set up by the Department at the end of Term 1.
||3rd year Economics (L100 & L101), Econ/Geog (LL17) and 3rd year Phil/Econ (VL51) students and any other combined-studies degree students who have already taken ECON2001 (or equivalent). 3rd year Econ/Stats (LG13) and Math/Econ (G1L1/G1LC) students who have already taken ECON2601 should note that it may be possible to take this 0.5 unit but they are advised that a knowledge of the full ECON2001 syllabus will be assumed. If you are not sure if you have the required prerequisites for the course please contact the course tutor to discuss.|
|Prerequisites:||ECON2001: Microeconomics (or equivalent).|