Industrial Organisation studies the interdependence of market structures, firm's conducts, and market outcomes. In this course, students will be introduced to the theory of the firms, imperfect competition, oligopoly theory, and other strategic behaviours. Some applications on competition policy and regulation will also be introduced if time permits.

This course provides an in-depth analysis of the theory of industrial organisation. Students will be introduced to the theory of the firms, imperfect competition, oligopoly theory, and other strategic behaviours. Upon successful completion of the requirements for this course, students will:
• be familiar with and have an understanding of most familiar IO models;
• understand the relationship between market outcomes, social welfare, and the conduct of firms;
• be able address a range of policy issues that arise due to non-competitive behaviour in markets;

Typically include a mid term exam and a final exam. Please see the Course Outline.

Two lectures and one tutorial per week.

Completion of or concurrent enrolment in ECON2014 Managerial Economics or ECON2101/ECON2111 Microeconomics 2 (P or H).

Please refer to Course Website