Undergraduate Course: Industrial Organisation (ECNM10003)
Course Outline
| School | School of Economics |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 10 (Year 4 Undergraduate) |
Availability | Available to all students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | 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. |
| Course description |
Not entered
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Entry Requirements (not applicable to Visiting Students)
| 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 |
Course Delivery Information
|
| Academic year 2014/15, Available to all students (SV1)
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Quota: None |
| Course Start |
Semester 2 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
200
(
Lecture Hours 20,
Summative Assessment Hours 2,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
174 )
|
| Assessment (Further Info) |
Written Exam
90 %,
Coursework
10 %,
Practical Exam
0 %
|
| Additional Information (Assessment) |
Problem-based mid-semester exam (30%)
Group presentations (10%)
A 2 hour degree examination in April/May (60%). |
| Feedback |
Not entered |
| No Exam Information |
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.
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Additional Information
| Graduate Attributes and Skills |
Not entered |
| Keywords | IndOrg |
Contacts
| Course organiser | Dr Kohei Kawamura
Tel: (0131 6)51 3759
Email: Kohei.Kawamura@ed.ac.uk |
Course secretary | Ms Dawn Hutcheon
Tel: (0131 6)51 5958
Email: Dawn.Hutcheon@ed.ac.uk |
|
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