COURSE UNIT TITLE

: INDUSTRIAL ORGANIZATION

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECN 5049 INDUSTRIAL ORGANIZATION ELECTIVE 3 0 0 6

Offered By

Economics (English)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

ASSOCIATE PROFESSOR ISTEMI BERK

Offered to

Economics (English)

Course Objective

This course provides a graduate level introduction to industrial organization. The course covers theoretical and empirical work on industrial organization, with a focus on learning the main empirical methods used in industrial organization.

Learning Outcomes of the Course Unit

1   Demonstrate understanding of causes and consequences of firms' strategic behavior.
2   Define pricing, product design, advertising, innovation, barriers to entry, collusion and mergers.
3   Understand the impact of firms' and industry's actions on welfare.
4   Integrate theoretical models and empirical studies on industrial performance.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction
2 Firm Behavior
3 Game Theory
4 Market Efficiency in Oligopolistic Industries
5 Determinants of Market Structure
6 Pricing and behavior in markets with imperfect information
7 Auction markets and competition
8 Monopolistic Competition
9 Dynamic evolution of firms and industries
10 Collusion and Cartels
11 R&D, Innovation and Intellectual Property
12 Case Study
13 Case Study
14 General Overview

Recomended or Required Reading

Tirole, J. 1988, The Theory of Industrial Organization, MIT Press

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class Discussions

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 FCG FINAL COURSE GRADE
3 FCGR FINAL COURSE GRADE MTE * 0.40 + FCG* 0.60
4 RST RESIT
5 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.40 + RST* 0.60


Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner must be able to identify the main empirical methods used in industrial organization.
2. The learner must define firm behavior and market efficiency in industries in different market structures.
3. The learner should be able to integrate theoretical models and empirical studies.
4. The learner will be able to discuss specific real-life examples and case studies.

Language of Instruction

English

Course Policies and Rules

It is obligatory to attend 70% of the classes.

Contact Details for the Lecturer(s)

istemi.berk@deu.edu.tr

Office Hours

TBA

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Tutorials 14 1 14
Preparations before/after weekly lectures 14 2 28
Preparation for final exam 1 30 30
Preparation for midterm exam 1 30 30
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 148

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10
LO.15533
LO.235
LO.344
LO.435