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ECON0186-1

Introduction to Industrial Economics

[ version française ]

Duration :30h Th
Credits/ECTS :
2e licence en gestion de l'entreprise4
1e année du grade de master en sciences de gestion à finalité spécialisée4
Master en sciences de gestion4
Holder(s) :Izabela Jelovac
Course contents : Description of the course 'Industrial Organization'

Lecturer: Izabela Jelovac (PhD), University of Liège (ijelovac@ulg.ac.be)

Teaching assistant: Mickaël Hiligsmann, University of Liège (M.Hiligsmann@ulg.ac.be)

The course of Industrial Organization (Economie industrielle) is concerned with the behaviour of firms and how they interact with each other in markets where competition is less than perfect. The course focuses on the strategic interactions of firms and the rent seeking strategies they use. We explain how firms' decisions regarding price, advertising, collusion, R&D, etc. can be modelled, the impact of those decisions on the structure and performance of markets and how game theory can be used to enhance our understanding of firms' strategic behaviour.

Program:

I Introduction

II Oligopoly

  • 1 Oligopolistic competition
  • 2 Collusion
III Price and nonprice strategies

  • 1 Price discrimination
  • 2 Vertical relations
  • 3 Product differentiation
  • 4 Advertising
Basic references:

  • Introduction to industrial organization, L.M.B. Cabral, 2000, MIT Press.
Contacts : Lecturer: Izabela Jelovac, Université de Liège (ijelovac@ulg.ac.be)

Assistant: Mickaël Hiligsmann, Université de Liège (M.Hiligsmann@ulg.ac.be)




ULg : Students and Studies Administration - Academic Affairs
Contact : Monique Marcourt, direction A.E.E.
Date of data : 18/05/2007
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