Kursplan - Industrial Economics

Syfte

The aim of the course is to explore some recent developments in the field of Industrial Economics, using a rather formal (mathematical) analysis.

Lärandemål

The course is compulsory in Economics and is also important to those who plan to study Industrial Economics, Game Theory or Microeconomics at advanced level.

Students will learn and train how to use standard mathematic tools (mainly calculus and optimization) to perform their own analysis in Industrial Economics, when they are confronted with similar issues in their profession.

Upon the successful completion of this course, students 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

Economists with solid knowledge in Industrial Economics are expected to have good work opportunities with high salaries and other fringe benefits. In a globalized economy, the successful students can work in the private sector, as analysts or advisors to pricing or other strategic problems and in the public sector as well, as analysts in competitive, regulatory or privatization issues.

Innehåll

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.

Undervisning

The course is organized as a series of lectures, seminars and some experiment. In seminars we solve various problems.

Särskild behörighet

Nationalekonomi 60 hp med successiv fördjupning (minst 45 hp avklarade vid kursstart). Minst 20 hp skall vara på nivå G1F. Dessutom krävs En B.

Examination

Tentamen (TEN1), 7,5 hp, betyg Godkänd (G) eller Väl Godkänd (VG)

En student som har ett intyg från MDU avseende sin funktionsnedsättning har möjlighet att anmäla önskemål om anpassning vid salstentamina eller annan examinationsform i enlighet med Regler och anvisningar för examination på grundnivå och avancerad nivå vid Mälardalens högskola (2020/1655). Det är examinator som, utifrån det intyg som utfärdats, beslutar om eventuell anpassning och i så fall vilken anpassning som ska gälla.

Misstankar om vilseledande vid examination (fusk) anmäls, enligt högskoleförordningen, till universitetets rektor och prövas av universitetets disciplinnämnd. Om disciplinnämnden anser att en student gjort sig skyldig till en disciplinförseelse fattar nämnden beslut om en disciplinär åtgärd, vilket är varning eller avstängning.

Betyg

Väl godkänd, godkänd, underkänd

Övergångsbestämmelser och övriga föreskrifter

Students are strongly requested to repeat and refresh their mathematical background (mainly calculus) before the course starts.

All ECTS marks apply: A, B, C, D, E, F.