ECN 305E - Industrial Organisation

Course Objectives

This course studies how firms compete or collude with each other and how these interactions affect profits and consumer welfare. We will study a variety of market structures including the oligopolistic market structure. In an oligopolistic market structure, the firms’ decisions are interdependent. That is, when a firm takes a decision, it has to take other firms’ decisions into account. Because of this interdependency, a certain amount of game theory will be used in this class.

Course Description

This course studies how firms compete or collude with each other and how these interactions affect profits and consumer welfare. We will study a variety of market structures including the oligopolistic market structure. In an oligopolistic market structure, the firms’ decisions are interdependent. That is, when a firm takes a decision, it has to take other firms’ decisions into account. Because of this interdependency, a certain amount of game theory will be used in this class.