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) | . Servıs Servıs Instructor Murat Çetinkaya
|
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 approach and the new industrial organization theories such as the game theory, competitiveness and information theory. 2) Should have a good understanding of industrial structure, behavior and performance, trends in industries, behaviour of firms in oligopolistic and monopolistic markets 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 | English |
WORK PLACEMENT(S) | No |
| |