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Course module: 30L201-B-6
30L201-B-6
Industrial Economics
Course info
Course module30L201-B-6
Credits (ECTS)6
CategoryBA (Bachelor)
Course typeCourse
Language of instructionEnglish
Offered byTilburg University; Tilburg School of Economics and Management; TiSEM: Economics; Economics;
Is part of
B Economics and Business Economics
B Economics
Contact persondr. F. Schütt
Lecturer(s)
Lecturer
Dr E. Freddi
Other course modules lecturer
Coordinator course
dr. F. Schütt
Other course modules lecturer
Starting block
SM 2
Course mode
Full-time
Remarks-
Registration openfrom 10/01/2019 up to and including 31/07/2019
Aims
How do firms price and position their products when facing competition from a small number of other firms? How do firms decide whether to enter a market, and how much do they invest in quality, advertising, and R&D? Does laissez-faire lead to socially desirable outcomes? If not, how can the government intervene to improve market outcomes? These and other questions will be addressed by this course. We study strategic interaction among firms in markets characterized by imperfect competition, so that each firm has market power. The aim is to provide the students with up-to-date knowledge about the essential issues in the field of industrial organization, and to equip the students with a consistent toolkit for analyzing and understanding these issues. The course blends the standard theoretical approach, viewing the firm as a rational decision maker, with empirical studies, and also gives students a taste of the strategic decisions firms face by means of classroom experiments.
 
Recommended Prerequisites
Knowledge of introductory micro-economics including basic notions of game theory.
Content
The topics to be covered in this course include:
 
1. Introduction and basic market models
2. Price discrimination
3. Oligopoly
4. Cartels and collusion
5. Product differentiation
6. Advertising
7. Market structure
8. Horizontal mergers
9. Entry deterrence
10. Vertical contracts
11. Innovation
12. Networks and standards
 
Type of instructions
Interactive lectures, instruction lectures, and tutorials
 
Type of exams
Written exam, group assignments, and classroom participation
Course available for exchange students
Conditions of admission apply
Timetable information
30L201-B-6|Industrial Economics
Written test opportunities
Omschrijving/DescriptionToets/TestBlok/BlockGelegenheid/OpportunityDatum/Date
Schriftelijk / WrittenEXAM_01SM 2208-07-2019
Written test opportunities (HIST)
Omschrijving/DescriptionToets/TestBlok/BlockGelegenheid/OpportunityDatum/Date
Schriftelijk / WrittenEXAM_01SM 2106-06-2019
Required materials
Literature
Textbook: Cabral, Luis (2017): Introduction to Industrial Organization (2nd Edition).
ISBN:9780262035941
Title:Introduction to Industrial Organization
Author:Luis M.B. Cabral
Publisher:MIT Press (2017)
Edition:2
Recommended materials
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Tests
Written

Final grade

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Kies de Nederlandse taal