37297 - Industrial Organization

Course Unit Page

Academic Year 2020/2021

Learning outcomes

At the end of the course students are able to understand firm behavior at the strategic level for what concern pricing, market equilibrium, investments and innovation. The course will introduce studnets to studying organisational issues related to incentives and agency theory.

Course contents

Part 1: Presentation of the course, microeconomics background.

Part 2: Monopoly and price discrimination

Part 3: Strategic interaction, game theory, oligopolistic markets

Part 4: Non price-competition, entry barriers, collusion, advertising, R&D

Part 5: Antitrust and regulatory instruments


L. Pepall, D. Richards, G. Norman, Industrial Organization, 4th or 5th ed., Blackwell, 2008.

Except: 4.5 (means section 5 of chapter 4); 7.5.2; 7.6; Appendix to ch. 8; 10.3; 10.5; 11.1; 11.2; 12.2.2; 13.2; 13.3.1; 13.5; 14.3; 14.4; 15.3; 15.5; 15.6; 16.3; 16.4; 16.6; Appendices to ch. 16; 17.3; 17.6; 18.4; 18.5; 19.6; 21.2; 21.3; 21.6; 22.5; 22.6; 23.3; 23.7; ch. 24; 25.; 25.4. 

Teaching methods

Standard front teaching and/or online.

Students with disability or specific learning disabilities (DSA) are required to make their condition known to find the best possibile accomodation to their needs.

Assessment methods

The exam will be written in presence. For special needs only, it will be oral and individual on the Teams platform and it will last approximately 20 minutes. Rules about the carrying out of the exam are delivered in in my notice-board.

I warmly recommend to take the written exam wherever possible in view of my recent experience showing the fairly poor performance of students in the oral exam.

The written exam will last between 60 and 90 minutes and it will be made of exercises (about 2/3 of the grade and questions (about 1/3 of the grade). The overall exam could be split in two partial exams following the same rules as the full exam.

Students can reject the final grade obtained at the exam once. To this end, he/she must email a request to the instructor within the date set for registration. The instructor will confirm reception of the request by email within the same date.

Teaching tools

The textbook, exercises and slides.

Office hours

See the website of Flavio Delbono