59160 - Industrial Organization

Learning outcomes

This course aims at building an understanding of how macroeconomic and industry conditions determine the evolution of the global economic environment. The focus is highly applied. It relies on analyzing and understanding economic and industry data

Course contents

1) Introduction
2) Industrial organization tools for antritrust economics and policy
3) Maket power and welfare
4) Collusion and horizontal agreements
5) Horizontal mergers
6) Vertical mergers
7) Predation, monopolisation and other abusive practices

Readings/Bibliography

M. Motta, Competition Policy: Theory and Practice, Cambridge University Press, last edition.
Further readings will be indicated when needed.

Teaching methods

Lectures.
If possible, antitrust practitioners will present real cases.

Assessment methods

A single written exam with free-response questions covers both modules (Module 1: Behavioral Economics and Module 2: Industrial Organization) and aims at evaluating the skills and the critical abilities developed by the students as regards to the theories explained during the lectures. In order to pass the exam students must obtain a sufficient mark for both Module 1 and Module 2. The exam lasts 1h 30m.

Students may choose to take the exam through two partial exams.

- The partial exam for Module 1 is scheduled at the end of the first term of lectures, and is 45 minute exam.

- The partial exam for Module 2 is schedule, and is 45 minute exam.

Only students who pass the first mid-term assessment are admitted to the second mid-term assessment. The final mark is the unweighted average of the marks in the two Modules.

Teaching tools

The slides used in class will be uploaded to the e-learning platform.

Office hours

See the website of Emanuele Bacchiega