Economics

Industrial Organization

Module code: L1103
Level 6
15 credits in autumn semester
Teaching method: Lecture, Seminar
Assessment modes: Computer based exam, Coursework

This module provides you with an understanding of factors that determine how industries are organized.

It presents various theoretical models, whether and how these are supported by empirical evidence, and stylized facts. Concepts and tools employed in microeconomic theory and game theory are used to analyse how firms behave within industries and how industries are structured.

The module also provides an understanding of the interaction between competition policy, firm conduct and industry structure.

At the end of the module, you will be able to understand and model the drivers of industrial organization and their importance in informing firm strategy and policy design.

Module learning outcomes

• Systematically understand the key theoretical and empirical determinants of industrial organization from an economics perspective.
• Critically appraise assumptions and modelling choices in relation to firm behaviour, industry structure, competition policy.
• Develop their own elaboration of current economic aspects that influence behaviour and structure at the firm and industry level.