Text

Course syllabus - Industrial Economics

Scope

7.5 credits

Course code

NAA206

Valid from

Spring semester 2020

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

2019-08-19

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.

    • Ratified date: 2020-12-17
    • Latest update: 2020-12-17

    Books

    Carlton, Dennis W.; Perloff, Jeffrey M.

    Modern industrial organization

    4. ed. : Boston, Mass. : Pearson Addison-Wesley, cop. 2005 - xviii, 822 s.

    ISBN: 0-321-22341-1 (hft.) LIBRIS-ID: 9665382

    Mandatory

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 15 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, grades Excellent (A), Very good (B), Good (C), Satisfactory (D), Sufficient (E), Insufficient, complementary work possible (Fx), Insufficient (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

Excellent, Very good, Good, Satisfactory, Sufficient, Insufficient, complementary work possible, Insufficient

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 and NAA204.