Industrial Economy

Teacher(s)

Grandjean Gilles;

Language

French

Prerequisites

The prerequisite(s) for this Teaching Unit (Unité d’enseignement – UE) for the programmes/courses that offer this Teaching Unit are specified at the end of this sheet.

Learning outcomes

At the end of this learning unit, the student is able to :

Understand basic theoretical models in industrial economics. Solve exercises related to these models. Analyze practical cases in light of the studied models.

Content

1. Firms, consumers and the market
2. Market power: static and dynamic analysis
3. The sources of market power
a. Product differentiation
b. Advertising and marketing
4. Price discrimination
5. Competition policy
a. Cartels and tacit collusion
b. Horizontal and vertical mergers
6. Innovation, R&D and intellectual property

Teaching methods

Video clips cover the theoretical material. They are provided at the beginning of the year. During the course, students ask questions about the videos, and solve a series of exercises and sample exam questions.

Evaluation methods

Written exam.

Bibliography

Paul Belleflamme and Martin Peitz, 2015. Industrial Organization: Markets and Strategies, 2nd edition. Cambridge University Press.

Faculty or entity

> ESPB