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.
Unit details and rules
Academic unit | Economics |
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Credit points | 6 |
Prerequisites
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|
ECOS2001 or ECOS2901 |
Corequisites
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|
None |
Prohibitions
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|
ECOS2201 |
Assumed knowledge
?
|
None |
Available to study abroad and exchange students | Yes |
Teaching staff
Coordinator | Andrew Wait, andrew.wait@sydney.edu.au |
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Lecturer(s) | Andrew Wait, andrew.wait@sydney.edu.au |