Industrial Organisation and Strategy - ECO00035I

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  • Department: Economics and Related Studies
  • Credit value: 20 credits
  • Credit level: I
  • Academic year of delivery: 2023-24

Module summary

The modules considers imperfectly competitive markets with only a few participants and sheds light on various types of strategic interactions that naturally arise in such markets.

Related modules


Additional information

A good understanding of standard game-theoretic tools will be essential for this module.

prerequisite modules: Microeconomic Theory, Mathematics for Economists

Module will run

Occurrence Teaching period
A Semester 2 2023-24

Module aims

  • To show how microeconomics and game theory can be used to analyse firms' (strategic) behaviour in markets

  • To bridge gaps between theory and real-life examples

  • To raise awareness of industrial and competition policy issues

Module learning outcomes

On completing the module a student will be able to:

  • Define and explain the various concepts used in industrial economics

  • Apply the concepts to understand and explain the structure and behaviour of selected industries

  • Apply theory to real-life examples

Indicative assessment

Task % of module mark
Closed/in-person Exam (Centrally scheduled) 100

Special assessment rules

None

Additional assessment information

Formative assessment

  • Written feedback on assignments submitted for tutorials

  • Oral feedback during small-group tutorial sessions

Indicative reassessment

Task % of module mark
Closed/in-person Exam (Centrally scheduled) 100

Module feedback

Students will receive a score reflecting their performance in the exam. (If we ask them to hand in work for the seminars, they will also receive feedback on that.)

Indicative reading

  • Belleflamme, P. and Peitz, M. Industrial Organization, Cambridge University Press

  • Pepall, Richards, and Norman, Industrial Organization: Contemporary Theory and Empirical Applications, Blackwell Publishing

  • Tirole, J. The Theory of Industrial Organization, MIT Press