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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
    • See module specification for other years: 2024-25

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

Pre-requisite modules

Co-requisite modules

  • None

Prohibited combinations

  • None

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


The information on this page is indicative of the module that is currently on offer. The University constantly explores ways to enhance and improve its degree programmes and therefore reserves the right to make variations to the content and method of delivery of modules, and to discontinue modules, if such action is reasonably considered to be necessary. In some instances it may be appropriate for the University to notify and consult with affected students about module changes in accordance with the University's policy on the Approval of Modifications to Existing Taught Programmes of Study.