Handbook home
Industrial Organisation (ECON90005)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 2
Overview
Availability | Semester 2 |
---|---|
Fees | Look up fees |
This subject provides an overview of selected topics in industrial organization with applications in antitrust and innovation policy. Industrial organization deals with the structure, management, and performance of firms and markets. It is concerned with firm behaviour and strategy, the implications of firm behaviour for economic efficiency, and the role public policy plays in promoting efficiency. The main emphasis will be on theoretical principles although there will be some discussion of empirical approaches. The selection of topics will be organized around key questions in antitrust and innovation policy. The discussion will be guided by practical examples and case studies.
On successful completion of this subject students should be able to:
- Explain how firms acquire market power and how they use this market power once acquired;
- Analyse how competing firms interact strategically;
- Evaluate the welfare effects of various aspects of firm behaviour;
- Evaluate the welfare effects of various types of public policy, such as antitrust policy, patent policy, and regulatory policy;
- Describe the current state of knowledge in the field of industrial organization.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Explain how firms acquire market power and how they use this market power once acquired;
- Analyse how competing firms interact strategically;
- Evaluate the welfare effects of various aspects of firm behaviour;
- Evaluate the welfare effects of various types of public policy, such as antitrust policy, patent policy, and regulatory policy;
- Describe the current state of knowledge in the field of industrial organisation.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- Evaluation of ideas, views and evidence
- Synthesis of ideas, views and evidence
- Strategic thinking
- Critical thinking
- Application of theory to economic policy and business decision making
- Accessing economic and other information
- Summarising and interpretation of information
- Problem solving skills
- Written communication
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON90002 | Microeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
or
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON40001 | Advanced Microeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
ECON40007 Industrial Organisation
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON40007 | Industrial Organisation | Semester 2 (On Campus - Parkville) |
12.5 |
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- Class assignments totalling not more than 4000 words (40%)
- One 3-hour examination (60%)
Note: Successful completion of this subject requires a pass (50%) in the final exam.
Last updated: 3 November 2022
Dates & times
- Semester 2
Principal coordinator Nisvan Erkal Mode of delivery On Campus (Parkville) Contact hours Seminars, or lectures and tutorials totalling three hours per week Total time commitment 170 hours Teaching period 24 July 2017 to 22 October 2017 Last self-enrol date 4 August 2017 Census date 31 August 2017 Last date to withdraw without fail 22 September 2017 Assessment period ends 17 November 2017 Semester 2 contact information
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Subject notes
Students may not gain credit for both ECON90005 Industrial Organisation and ECON40007 Industrial Organisation.
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 3 November 2022