32422 - Advanced Industrial Economics

Course Unit Page

SDGs

This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.

Industry, innovation and infrastructure

Academic Year 2019/2020

Learning outcomes

The aim of this course is to provide students with a base knowledge of industrial organization in order to analyze the firms' behaviour and its effect on the market. Students will learn how to evaluate strategic interaction among firms and what are its implications on their behaviour.

Course contents

  1. Industrial Organization: What, How, Why?
  2. Monopoly
  3. Oligopoly
  4. Antitrust policy
  5. Non-price competition
  6. Network
  7. Auctions
  8. Mergers

These points will be developed in both a theoretical way and with applications to the following points:

  • Two-sided markets and platforms
  • Network and web
  • The cultural and creativity industry (supply and demand of art)
  • Artists' income
  • Public intervention in the art and platforms markets

Readings/Bibliography

The main text is Pepall, Richards, Norman and Calzolari - ORGANIZZAZIONE INDUSTRIALE, McGraw-Hill.

An additional reading is Candela e Scorcu - ECONOMIA DELLE ARTI, Zanichelli.

During the course, other readings will be distributed.

Teaching methods

During the lessons, the main Industrial Organization models will be analysed, and the main industrial policy issues will be discussed.

Assessment methods

Written exam (practical exercises and theoretical questions)

Teaching tools

Slides, whiteboard, video projector.

Office hours

See the website of Francesco Angelini