TYPE OF COURSE UNIT	Elective Course
LEVEL OF COURSE UNIT	Bachelor's Degree
YEAR OF STUDY	-
SEMESTER	-
NUMBER OF ECTS CREDITS ALLOCATED	5
NAME OF LECTURER(S)	-
LEARNING OUTCOMES OF THE COURSE UNIT	At the end of this course, the students; 1) Understand the forms of organization of firms and industries, their interactions and the reasons for and results of governmental intervention in the framework of both the Structure-Conduct-Performance paradigm and the new industrial organization theories such as game theory, competitiveness and information theory. 2) Have a good understanding of industrial structure, behaviour and performance, trends in industries, behaviour of firms in oligopolistic, monopolistic markets and network industries, and of antitrust and public industrial policy.
MODE OF DELIVERY	Face to face
PRE-REQUISITES OF THE COURSE	No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT	None
COURSE DEFINITION	This course mainly focuses on firm behavior in imperfectly competitive markets, which appear to be much more valid for the real world industries than the perfect competition. In this course the acquisition and use of market power by dominant firms, strategic interactions among undertakings, and the role of antitrust policy are analyzed.
COURSE CONTENTS	WEEK TOPICS 1st Week Introduction to Industrial Organisation 2nd Week The Firm and Costs 3rd Week Competition, Residual Demand and Market Failures 4th Week Market Power, Dominant Firms and Antitrust Policy 5th Week Oligopoly and Game Theory (I) 6th Week Oligopoly and Game Theory (II) 7th Week Cartels and Antitrust Policy 8th Week Monopolistic Competition and Product Differentiation 9th Week Market Structure and Performance 10th Week Price Discrimination 11th Week Predatory Pricing and other Pricing Behaviour 12th Week Vertical Integration and Vertical Restraints 13th Week Advertising; R&D and Innovation 14th Week Public Policies: Antitrust, Regulation and Deregulation
RECOMENDED OR REQUIRED READING	Dennis W. Carlton & Jeffrey M. Perloff (2015), Modern Industrial Organization 4. Ed. (Global Edition), Pearson Education Limited
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS	Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA	Quantity Percentage(%) Mid-term 1 40 Quiz 1 10 Total(%) 50 Contribution of In-term Studies to Overall Grade(%) 50 Contribution of Final Examination to Overall Grade(%) 50 Total(%) 100
ECTS WORKLOAD	Activities Number Hours Workload Midterm exam 1 1 1 Preparation for Quiz 1 9 9 Individual or group work 14 3 42 Preparation for Final exam 1 30 30 Course hours 14 3 42 Preparation for Midterm exam 1 25 25 Laboratory (including preparation) 0 0 0 Final exam 1 1 1 Homework 0 0 0 Total Workload 150 Total Workload / 30 5 ECTS Credits of the Course 5
LANGUAGE OF INSTRUCTION	Turkish
WORK PLACEMENT(S)	No