Postgraduate Course: Industrial Organisation (ECNM11014)
|School||School of Economics
||College||College of Humanities and Social Science
|Credit level (Normal year taken)||SCQF Level 11 (Postgraduate)
||Availability||Available to all students
|Summary||The aims of this course are several fold: to provide advanced training in various topics in Industrial Organisation; to enable students to make intelligent access to the literature in Industrial Organisation; to provide students with the opportunity to develop advanced skills in Industrial Organisation that would lay the foundation for research in academia or industry; and to provide illustrations of areas of application of both advanced microeconomics and applied econometrics as developed in courses elsewhere on the programme.
The course covers three broad topics in Industrial organisation: static and dynamic market structure; strategies that firms might adopt to maintain market power; and the pricing strategies firms might adopt to maximise profitability in different market environments.
Industrial Organisation is one field of economics where the link between economic theory and real-world behaviour and policy is explicit; studying this class will give you the opportunity to explore these links and so advance your understanding of the use of economics in the real world and provide you with the opportunity to develop transferrable skills in abstraction and economic modelling. Studying this class will also give students the opportunity to identify dissertation topics, as well as potential areas for further study at PhD level.
Entry Requirements (not applicable to Visiting Students)
|| Students MUST have passed:
Students MUST have passed:
Macroeconomics 2 (ECNM11022) OR
Microeconomics 2 (ECNM11025) OR
Econometrics 2 (ECNM11050)
||Other requirements|| Masters or PhD students taking this course students must have prior permission of the SGPE Programme Director and have taken either the core units in the MSc economics (microeconomics 1 and 2, Macroeconomics 1 and 2 and Quantitative methods 1 and 2) or their equivalent. Email firstname.lastname@example.org for further information.
Information for Visiting Students
|Pre-requisites||Equivalent courses to Pre-Requisite requirements where equivalence will be assessed by SGPE Programme Director. Email email@example.com for more details
|High Demand Course?
Course Delivery Information
|Academic year 2017/18, Available to all students (SV1)
||Block 4 (Sem 2)
|Learning and Teaching activities (Further Info)
Lecture Hours 18,
Summative Assessment Hours 2,
Programme Level Learning and Teaching Hours 2,
Directed Learning and Independent Learning Hours
|Assessment (Further Info)
|Additional Information (Assessment)
||Final examination in the April/May diet.
||Hours & Minutes
|Main Exam Diet S2 (April/May)||2:00|
| See Description
|Academic papers will be indicated where appropriate. Suitable textbooks to provide support for this reading are:|
Belleflamme, P. and M. Peitz. Industrial organization: markets and strategies. CUP, 2010.
Church, G. and R. Ware. Industrial organization: a strategic approach. McGraw Hill, 2000.
Martin, S. Advanced industrial economics. Wiley, 2001.
Peppall, L.,D. Richards and G. Norman. Industrial organization: contemporary theory and empirical applications. Wiley, 2008.
Tirole, J. The theory of industrial organisation. MIT Press, 1988.
|Graduate Attributes and Skills
|Additional Class Delivery Information
||Six lectures of three hours, over six weeks. Some lectures will contain problem-solving ┐tutorials┐ based on exercises designed to augment understanding of the class material.
|Course organiser||Dr Alex Dickson
|Course secretary||Miss Carole-Anne Marshall
Tel: (0131 6)51 1795