Print Course syllabus
Course syllabus - Industrial Economics
Scope
7.5 credits
Course code
NAA204
Valid from
Autumn semester 2014
Education level
First cycle
Progressive Specialisation
G2F (First cycle, has at least 60 credits in first-cycle course/s as entry requirements).
Main area(s)
Economics, Business Administration
School
School of Business, Society and Engineering
Ratified
2014-03-13
Status
This syllabus is not current and will not be given any more
Literature lists
Course literature is preliminary up to 8 weeks before course start. Course literature can be valid over several semesters.
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Books
Modern industrial organization
4. ed. : Boston, Mass. : Pearson Addison-Wesley, cop. 2005 - xviii, 822 s.
ISBN: 0-321-22341-1 (hft.) LIBRIS-ID: 9665382
Objectives
The aim of the course is to explore some recent developments in the field of Industrial Economics, using a rather formal (mathematical) analysis.
Learning outcomes
After completed course the student should be able to:
- explain and show how firms in oligopolistic environments choose prices (or outputs), under perfect and limited information, with and without entry
- explain and show that in modern industrial economics, market structure and performance are endogenously determined
- explain and show how costs and benefits should be fairly allocated among firms in cooperative situations
- explain and show the need for regulation and its consequences
Course content
The course covers the following topics: modern industry structure and performance; non-cooperative oligopoly models; cooperative games; product differentiation and monopolistic competition; non-linear pricing; limited and asymmetric information; regulation and deregulation.
Tuition
The course is organized as a series of lectures, seminars and one experiment. During seminars we discuss and solve all mathematical problems that students have worked with at home and posted to the teacher.
Specific requirements
60 credits, in Economics, with progression. Of theese, 45 credits must be completed at the beginning of the course and 20 credits must be at level G1F. In addition, English course B/English course 6.
TOEFL test result, minimum score 213(CBT), 550(PBT) or 79(iBT) or an IELTS test result with an overall band score of minimum 6,0 and no band score below 5,0.
The English test is COMPULSORY for all applicants except citizens of Australia, Canada, Ireland, New Zealand, United Kingdom and USA.
Examination
Examination (TEN1), 7.5 credits, marks Pass (G) or Pass with distinction (VG)
A prerequirement for achieving VG on the examination is to have participated in the seminars and have solved the problems correctly.
All ECTS marks apply: A, B, C, D, E, F.
A student who has a certificate from MDU regarding a disability has the opportunity to submit a request for supportive measures during written examinations or other forms of examination, in accordance with the Rules and Regulations for Examinations at First-cycle and Second-cycle Level at Mälardalen University (2020/1655). It is the examiner who takes decisions on any supportive measures, based on what kind of certificate is issued, and in that case which measures are to be applied.
Suspicions of attempting to deceive in examinations (cheating) are reported to the Vice-Chancellor, in accordance with the Higher Education Ordinance, and are examined by the University’s Disciplinary Board. If the Disciplinary Board considers the student to be guilty of a disciplinary offence, the Board will take a decision on disciplinary action, which will be a warning or suspension.
Grade
Pass with distinction, Pass, Fail
Interim Regulations and Other Regulations
Students are strongly requested to repeat and refresh their mathematical background (mainly calculus) before the course starts.
The course replaces NAA300 Industrial Economics.