Industrial Organisation (9546.1)
Level: | Level 3 - Undergraduate Advanced Unit |
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Credit Points: | 3 |
HECS Bands: | Band 3 2013-2020 (Expires 31 Dec 2020) Band 4 2021 (Commenced After 1 Jan 2021) Band 5 2021 (Commenced Before 1 Jan 2021) |
Faculty: | Faculty of Business, Government & Law |
Discipline: | Canberra School of Politics, Economics and Society |
CLOSED FOR FUTURE ENROLMENT.
Availability
Syllabus
This unit surveys major topics and theories in the field of Industrial Organisation. As part of the applied microeconomics structure, Industrial Organisation uses the basic tools of microeconomic theory and game theory to study the structure and behaviour of firms and their strategic interactions with one another in the marketplace. Industrial Organisation also studies the impact that those interactions have on market structure and welfare.
Learning Outcomes
On successful completion of this unit, students will be able to:
1. Identify different theories of the firm;
2. Describe the different market structures under which firms operate, with particular emphasis on concentration and monopoly power as well as oligopoly;
3. Analyse how market structures impact the behaviour of firms;
4. Analyse how market structures impact the behaviour of firms;
5. Identify and compare the anti-competitive pricing strategies that firms adopt under various market structures;
6. Use the theoretical insights presented in this unit to explain observed features of particular markets and industries;
7. Apply knowledge of game theory to understand the strategic behaviour of firms in the market;
8. Determine the factors that influence the firms decision making over time; and
9. Critically analyse the role of the government in regulating industries and the subsequent implications of public regulation.
Contact Hours
150 learning hours in online self-paced mode.
Prerequisites
9518 Foundations of Microeconomics OR 6355 Introduction to Economics
Corequisites
None.
Assumed Knowledge
None.
Incompatible Units
NONE.
Equivalent Units
NO.
Referenced Courses
- 182JA Bachelor of Accounting
- 943AA Bachelor of Applied Economics
- 945AA Bachelor of Applied Economics/Bachelor of Commerce
- 944AA Bachelor of Applied Economics/Bachelor of Laws
- 946AA Bachelor of Applied Economics/Bachelor of Management
- 183JA Bachelor of Australian Politics and Public Policy
- 761AA Bachelor of Business Administration
- 762AA Bachelor of Commerce
- 286JA Bachelor of Economic Studies (online)
- 208JA Bachelor of Entrepreneurship and Innovation
- 279JA Bachelor of Event and Tourism Management
- 184JA Bachelor of Finance
- 185JA Bachelor of Human Resource Management
- 186JA Bachelor of International Business
- 248JA Bachelor of Justice Studies
- 394AA Bachelor of Management
- 187JA Bachelor of Marketing Management
- 124JA Bachelor of Politics and International Relations
- 145JA Bachelor of Politics and International Relations/Bachelor of Applied Economics
- 210JA Bachelor of Public Administration
- 188JA Bachelor of Social Science