Market Structure, Conduct and Performance (BS0012)

? Credit Points : 20 ? SCQF Level : 10 ? Acronym : MSE-3-MSCP

- The Social Desirability of Monopoly versus Competition
- Determinants of the Structure of Markets: Strategic Behaviour, Economies of Scale, Chance
- Causes and Effects of Acquisitions and Mergers
- Strategic Behaviour Concerning Choices of Price and Output in Oligopolies
- Price and Output Coordination in Practice
- Limit Pricing and Strategic Entry Deterrence
- Empirical Studies Relating Market Structure to Economic Performance
- Strategic Choices Concerning the Amount and Speed of R&D Activity in Different Market Structures

Entry Requirements

? Pre-requisites : Business Economics (BS0029)

Variants

? This course has variants for part year visiting students, as follows

Market Structure, Conduct and Performance (VS1) (Semester 1 (Blocks 1-2))

Subject Areas

Home subject area

Business Studies, (Management School and Economics, Schedule H)

Delivery Information

? Normal year taken : 3rd year

? Delivery Period : Semester 1 (Blocks 1-2)

? Contact Teaching Time : 2 hour(s) per week for 10 weeks

First Class Information

Date	Start	End	Room	Area	Additional Information
21/09/2007	09:00	10:50	Room G.01, William Robertson Building	Central

All of the following classes

Type	Day	Start	End	Area
Lecture	Friday	09:00	10:50	Central

Summary of Intended Learning Outcomes

Welfare economics of Monopoly and Competition. Determinants of market structure. Oligopolistic coordination. Structure-performance relationships. Market power and technological change. Certain economic aspects of advertising.