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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2010/2011
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DRPS : Course Catalogue : School of Economics : Economics

Undergraduate Course: Industrial Organisation (ECNM10003)

Course Outline
School School of Economics College College of Humanities and Social Science
Course type Standard Availability Available to all students
Credit level (Normal year taken) SCQF Level 10 (Year 4 Undergraduate) Credits 20
Home subject area Economics Other subject area None
Course website None Taught in Gaelic? No
Course description This course analyses firm behaviour in industries where a small number of firms operate and where the theory of perfect competition does not therefore apply. Alternative theoretical models are needed since firms' actions now directly affect competitors' profits and consumer welfare. This course aims to equip students with tools to identify and understand strategic firm behaviour and enable them to discuss the design of regulation and discuss their impact on welfare. The course presumes that students have a familiarity with micro theory and basic game theory. Topics in Economic Analysis 1 is a prerequisite. Although mainly theoretical, this course also intigrates empirical studies: The first part of the course (approximately two thirds of the total) provied a broad exposition to topics and industries that current researchers are studying by discussing models of monopoly pricing, oligopoly behaviour, product differentiation, innovation, advertising and entry. The second part is more empirical and proposes several topics on imperfect competition, the need for regulation and the analysis of real cases concerning European antitrust legislation. This part will be conducted through group presentations on the proposed topics.
Entry Requirements
Pre-requisites Students MUST have passed: Topics in Economic Analysis 1 (ECNM10050)
Co-requisites
Prohibited Combinations Other requirements None
Additional Costs None
Information for Visiting Students
Pre-requisites None
Displayed in Visiting Students Prospectus? Yes
Course Delivery Information
Delivery period: 2010/11 Semester 2, Available to all students (SV1) WebCT enabled:  Yes Quota:  None
Location Activity Description Weeks Monday Tuesday Wednesday Thursday Friday
CentralLecture1-11 16:10 - 18:00
First Class Week 1, Tuesday, 16:10 - 18:00, Zone: Central. 4.01, David Hume Tower
Exam Information
Exam Diet Paper Name Hours:Minutes Stationery Requirements Comments
Main Exam Diet S2 (April/May)2:0016 sides
Summary of Intended Learning Outcomes
After successful completion of this course students should have developed analytical and assessment skills and a structured thinking that will enable them to apply the knowledge drawn from general models to real-world cases. They will also develop group and communication skills and the ability to manage tasks and their time and to obtain information from a variety of sources.
Assessment Information
Problem-based mid-semester exam (30%)
Group presentations (10%)
A 2 hour degree examination in April/May (60%).


Visiting Student Variant Assessment
Problem based mid-Semester exam: 40%
Group Presentation: 20%
Long essay: 40%
Special Arrangements
None
Additional Information
Academic description Not entered
Syllabus Not entered
Transferable skills Not entered
Reading list Not entered
Study Abroad Not entered
Study Pattern Not entered
Keywords Not entered
Contacts
Course organiser Dr Kohei Kawamura
Tel: (0131 6)51 3759
Email: Kohei.Kawamura@ed.ac.uk
Course secretary Ms Dawn Mcmanus
Tel: (0131 6)50 8361
Email: Dawn.McManus@ed.ac.uk
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copyright 2011 The University of Edinburgh - 31 January 2011 7:33 am