Advanced Industrial Economics
| Code | School | Level | Credits | Semesters |
| ECON3021 | Economics | 3 | 20 | Spring UK |
- Code
- ECON3021
- School
- Economics
- Level
- 3
- Credits
- 20
- Semesters
- Spring UK
Summary
This module provides an advanced economic analysis of the theory of organization of firms and industries. It will analyse a variety of market structures related to the degree of market competition with a special emphasis on imperfectly competitive markets.
Target Students
Available for final year Undergraduate students on Economics degree programmes (including final year Undergraduate students on the BA Jt Hons Politics and Economics and BSc Jt Hons Mathematics and Economics degrees). Not available for Exchange students.
Classes
This module is delivered through a series of lectures and tutorials.
Assessment
- 100% Exam (2-hour): Exam
Assessed by end of spring semester
Educational Aims
The specific aims of the module toprovide a detailed understanding of alternative theories of market structure and performance.Learning Outcomes
On completion of the module, students will be able to:
- Show an understanding of basic game theoretic models used in industrial organisation.
- Apply game theoretic tools and critical thinking to topics in industrial organisation.
Emphasised learning outcomes from the study of this module are:
A3 Show understanding of analytical methods, both theory- and model-based.
A6 Extensive knowledge and skills in specific specialisms in economics.
B1 Work with abstract concepts and in a context of generality.
B4 Be able to frame analysis of problems, identifying which parameters should be taken as fixed and why they might change.
C3 Be familiar with differing approaches to analysing a given economic problem and the history and development of economic ideas.
D1 Apply mathematical, statistical and graphical techniques in an appropriate manner.