EC426 Industrial Organization

Firms that produce a similar commodity form an industry. Examples include banking, autos, grocers, medicine, hospitality, energy, and education. This course examines the interdependence of firms inside each industry to strategically gain customers, workers, and investment funds. Topics include product differentiation, scale economies, market power, mergers, vertical integration, risk, returns, anti-trust, multinationals, network goods, trade unions, patents, and development incentives.

Credits

3

Prerequisite

EC202 [minimum grade = D-] or EC202 [transfer credit]