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SØK710 Industrial Organization

SØK710 Industrial Organization

Course code: 
SØK710
Course name: 
Industrial Organization
Program of study: 
MSc in Economics and Business Administration
Course name in Norwegian Bokmål: 
Industrial Organization
Course name in Norwegian Nynorsk: 
Industrial Organization
Campus: 
Molde
Credits: 
7.5
Level of study: 
2. syklus (master)
Teaching semester: 
2019 Høst
Assessment semester: 
2019 Høst
Language of instruction: 
Engelsk
Language of examination: 
Engelsk
Language of litterature: 
Engelsk
Recommended previous knowledge

Basic microeconomics.

Course content

The course provides an introduction to game theory, which is applied to the study of strategic interaction among firms operating in imperfectly competitive markets.

Topics:

  • Basic non-cooperative game theory
  • Tactical decisions concerning what and how much to supply, what price to charge, including tacit collusion
  • Strategic decisions in order to avoid or limit competition
  • Advertising and R&D

 

Learning outcome

The successful candidate will have:

  • understanding of strategic interaction in the real markets like petroleum, energy, and maritime transportation.
  • knowledge how to apply game theory to structure and analyse complex market interactions.
  • analytical tools to work through case studies of the real Norwegian industrial companies using the market models from the course.
Working and learning activities

3 hours of lectures per week.

Obligatorisk arbeidskravAntall arbeidskravPåkrevde arbeidskravFremmøteKommentar
Oppgave(r) Not requiredHjemmeeksamen (40%) skal bestås før skoleeksamen (60%)
Obligatoriske arbeidskrav:
Mandatory coursework:Oppgave(r)
Courseworks given:
Courseworks required:
Presence:Not required
Comment:Hjemmeeksamen (40%) skal bestås før skoleeksamen (60%)
VurderingsformGrupperingVarighetVarighetstypeKarakterskalaAndelKommentarHjelpemidlerHjelpemidler
SkoleeksamenIndividuell4timerBokstavkarakter (A - F)60 Kalkulator med tomt minne+generell ordbok morsmål/norsk/engelsk i papirformat
HjemmeeksamenGruppe -Bokstavkarakter (A - F)40 Alle trykte og skrevne hjelpemidler + kalkulator som kan inneholde data
Vurderinger:
Form of assessment:Skoleeksamen
Grouping:Individuell
Duration:4
Type of duration:timer
Grading scale:Bokstavkarakter (A - F)
Proportion:60
Comment:
Supported material:
Support material:Kalkulator med tomt minne+generell ordbok morsmål/norsk/engelsk i papirformat
Form of assessment:Hjemmeeksamen
Grouping:Gruppe
Duration:
Type of duration:-
Grading scale:Bokstavkarakter (A - F)
Proportion:40
Comment:
Supported material:
Support material:Alle trykte og skrevne hjelpemidler + kalkulator som kan inneholde data