COURSE UNIT TITLE

: INDUSTRIAL ORGANIZATION

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
EFE 7008 INDUSTRIAL ORGANIZATION ELECTIVE 3 0 0 7

Offered By

Master`s Degree in Financial Economics (Non-Thesis-Evening)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR SAADET KASMAN

Offered to

Master`s Degree in Financial Economics (Non-Thesis-Evening)

Course Objective

This course aims to provide students an advance level understanding of how certain industry structures form, criteria to differentiate industries, and welfare implications of different organizational forms and market practices.

Learning Outcomes of the Course Unit

1   Provide better understanding on how firm managers minimize costs and maximize profits
2   . Identify different kinds of market structures.
3   . Comprehensively identify firm behavior under a broad range of industry structures
4   Implement research on performance of different industry structures.
5   Compare performance and welfare implications of economic policies on industry level behavior

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Math and Statistics Review
2 Theory of the Firm
3 Principle agent problem
4 Monopolies, Monopsonies, and Cartels
5 Oligopoly
6 Monopolistic competition and product differentiation
7 Midterm
8 Price Discrimination, Nonlinear pricing
9 Game theory and strategic behavior
10 Game theory and strategic behavior
11 Information
12 Information
13 Decision making over time
14 Final Exam

Recomended or Required Reading

1. Dennis W. Carlton, Jeffrey M. Perloff, (2005). Modern Industrial Organization (4th Edition). Pearson Press
2. Lecture Notes

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class Discussions
3. Term Project

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.40 + STT * 0.20 + FIN * 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.40 + STT * 0.20 + RST * 0.40


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define microeconomic concepts.
2. The learner will clearly define how a firm can maximize its profits.
3. The learner will identify the market structure in which a specific product is produced and sold.
4. The learner will compare the performance of firms operating in a specific industry.
5. The learner will clearly define impact of economic policies on firms behaviors.

Language of Instruction

English

Course Policies and Rules

1.It is obligatory to attend at least 70% of the classes.

Contact Details for the Lecturer(s)

evrim.gursoy@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Tutorials 12 0 0
Preparations before/after weekly lectures 12 3 36
Preparation for midterm exam 1 20 20
Preparation for final exam 1 30 30
Preparing assignments 1 50 50
Final 1 2 2
Midterm 1 2 2
TOTAL WORKLOAD (hours) 176

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10
LO.154
LO.25555
LO.354
LO.454554
LO.5

CONTACT INFORMATION
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Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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