Industrial Economics,,, 2021/2022

Academic Year 2021/2022

Learning outcomes

The aim of the course is to introduce students to the concepts of industrial organization. The course discusses first the behaviour of firms and their interactions in the different markets. Then, it focuses on the firm internal organisation, devoting particular attention to the theory of incentives and to incomplete information. At the end of the course the student is able to: - analyse the strategic behaviour of firms in different markets; - understand the main features of the internal organisation of the firm; - understand the role of incomplete information on firms decisions and propose possible solutions for the resulting allocative inefficiencies.

Course contents

The course will be taught simultaneously online on MS TEAMS and in presence. The number of students allowed in class is determined on the basis of class capacity and by the health and safety provisions that deal with the pandemic emergency. In case more students want to attend classes in presence than permitted by the rules, a system of shifts will be organized so to allow students to participate. Regardless of the health-related conditions and the specific organization of the course, students will be able to follow the lessons of the entire course remotely on MS TEAMS.

Topics:

Part 1: Basic concepts

Part 2: Monopoly power

Part 3: Oligopoly and strategic interaction

Part 4: Anticompetitive strategies: Collusion and predation

Part 5: Contractual relations between firms: Mergers and vertical restrictions

Part 6: Non-price competition

Readings/Bibliography

Pepall, Richards, Norman e Calzolari, Organizzazione Industriale, terza edizione, 2017, McGraw-Hill

Teaching methods

Lectures

Assessment methods

written exam

Teaching tools

Slides and additional materials will be available on the Virtuale platform.

Office hours

See the website of Elena Argentesi

02528 - Industrial Economics,,,

Course Unit Page

SDGs