ECOS3005 - Industrial Organisation

Summer Main, 2012  |  Credit Points: 6

Coordinator: Andrew Wait
Phone: +61 2 9351 3060
Email: andrew.wait@sydney.edu.au

Description

This unit of study examines the nature of inter-firm rivalry in industries with market power. It explores the various ways in which firms can increase their market power by: extracting more surplus from consumers, by colluding with rivals or by excluding entrants. The unit also analyses the international competitiveness of industries in the context of industry assistance and the prevalence of foreign multinationals. Competition policy is also discussed.

Assessments

mid-semester test (35%), problem sets (5%) and 2hr final exam (60%)

Classes

1x2-hr lecture/week, 1x1-hr tutorial/fortnight

Prerequisites

ECOS2001 or ECON2001 or ECOS2901 or ECON2901

Prohibitions

ECON3005, ECOS2201

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