Industrial Organisation (ECON40007)
HonoursPoints: 12.5Not available in 2019
About this subject
Overview
| Fees | Look up fees |
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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.
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 organization.
Generic skills
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High level of development: written communication; problem solving; application of theory to practice; interpretation and analysis; critical thinking.
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Moderate level of development: use of computer software; accessing data and other information from a range of sources; receptiveness to alternative ideas.
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Some level of development: oral communication; collaborative learning; team work; statistical reasoning; synthesis of data and other information; evaluation of data and other information.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Admission into BH-COM or BH-ARTS (Economics) and
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| ECON40001 | Advanced Microeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
Students may not gain credit for both
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| ECON40007 | Industrial Organisation | Not available in 2019 |
12.5 |
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| ECON90005 | Industrial Organisation | Not available in 2019 |
12.5 |
Recommended background knowledge
Please refer to Prerequisites and Corequisites.
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 due fortnightly (40%)
- One 3-hour end-of-semester examination (60%)
- To pass this subject students must pass the end of semester examination.
Last updated: 3 November 2022
Dates & times
Not available in 2019
Time commitment details
170 Hours
Last updated: 3 November 2022
Further information
- Texts
- Available to Study Abroad and/or Study Exchange Students
Last updated: 3 November 2022