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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: 
2020 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 purpose of this course is to provide theoretical tools for the analysis of strategic interactions among firms operating in imperfectly competitive markets. The main topics covered are the following:

  • Market structures: from monopoly to perfect competiton
  • Basic non-cooperative game theory
  • Oligopolistics markets: Cournot and Bertrand models. Collusion.
  • Strategic decisions in order to avoid or limit competition
  • Product differentiation
  • Price Discrimination
  • Advertising and R&D
  • Public regulation and natural monopolies

 

Learning outcome

Upon completing this course, the candidate:

  • Can apply theoretical tools like game theory to structure and analyze complex real-life problems related to interactions in imperfect markets.
  • Has necessary knowledge and analytical tools to work through case studies of the real  industrial companies using the market models from the course.
  • Can analyze and discuss questions related to trade-offs between profit-maximization and social welfare. 

 

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