Industrial Organisation (9546.1)
Please note these are the 2016 details for this unit
Available teaching periods | Delivery mode | Location |
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View teaching periods | ||
EFTSL | Credit points | Faculty |
0.125 | 3 | Faculty Of Business, Government & Law |
Discipline | Study level | HECS Bands |
Canberra School Of Politics, Economics And Society | Level 3 - Undergraduate Advanced Unit | Band 4 2021 (Commenced After 1 Jan 2021) Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905) Band 5 2021 (Commenced Before 1 Jan 2021) |
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.
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.
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.
Prerequisites
9518 Foundations of Microeconomics OR 6355 Introduction to EconomicsCorequisites
None.Incompatible units
NONE.Equivalent units
NO.Assumed knowledge
None.Year | Location | Teaching period | Teaching start date | Delivery mode | Unit convener |
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Not available