Course Information

Course Name	Turkish	Endüstriyel Ekonomi (Endüstriyel Organizasyon)
	English	Industrial Economics
Course Code	IKE 513E	Credit	Lecture (hour/week)	Recitation (hour/week)	Laboratory (hour/week)
Semester	-	3	3	-	-
Course Language		English
Course Coordinator		Shourjo Chakravorty
Course Objectives		1. To explain the factors that determine the structure of a market 2. To model and understand the impact on consumers and profits ofvarious market structuresand firm strategies in equilibrium 3. To examine possible strategies and conduct of firms to alter the market structure and theirresulting performance through theory and applications n Turkey, international, and global contexts. 4. To develop and understanding of the economic models behind antitrust & competitionpolicies and government regulations in a comparative context
Course Description		While perfect competition is the focus in a typical Microeconomics class, Industrial Organizaion focuses on firm behavior in imperfectly competitive markets, which are far more widespread. Utilizing optimization or game theoretical techniques as necessary, modeling different market structures including monopoly, oligopoly, and cartels and firms’ various price and non-price strategies are taught. Purposes and applications of antitrust & competition policy are introduced in international and global contexts.
Course Outcomes
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Required Facilities
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