Economics 394IO - Industrial Organization

In this course we explore microeconomic theories of how industries operate in real-world marketplaces where the conditions often deviate substantially from the perfectly competitive model in your earlier microeconomics courses. One element of the course will be group case studies of local or national industries of your choosing We'll see that different industrial conditions tend to lead to different structures and conduct of industries, and hence, different outcomes for shareholders, managers, workers, suppliers, and consumers. We consider public policies, such as antitrust law and regulation, which do, or should, shape the way that firms interact with their customers and with each other. The goal is for you to develop tools to understand how and why firms act the way they do in the context of their industry, and what role government can and should play. Satisfies the Integrative Experience requirement for BA-Econ majors.

Econ Primary Majors only ECON 203 or RES-ECON 202 Open only to Econ Primary majors. Fulfulls the IE requirement for Econ Primary majors.