Industrial Organization

Module WI000102

This Module is offered by Chair of Public Finance and Industrial Organization (Prof. Frhr. von Weizsäcker).

This module handbook serves to describe contents, learning outcome, methods and examination type as well as linking to current dates for courses and module examination in the respective sections.

Module version of SS 2015 (current)

There are historic module descriptions of this module. A module description is valid until replaced by a newer one.

available module versions
SS 2015WS 2011/2

Basic Information

WI000102 is a semester module in German language at Bachelor’s level und Master’s level which is offered every semester.

This Module is included in the following catalogues within the study programs in physics.

  • Catalogue of soft-skill courses
Total workloadContact hoursCredits (ECTS)
180 h 60 h 6 CP

Content, Learning Outcome and Preconditions

Content

This course deals with interactions between firms as well as between consumers and firms. In most cases, it will investigate markets under imperfect competition. The course starts with a comparison of the main characteristics of different market forms such as monopoly, oligopoly, monopolistic competition and perfect competition. Building on this, the lecture will deal with topics such as price discrimination between consumers with different willingness to pay, strategic product differentiation, syndicates, vertical concentration, price-fixing and mergers. The course aims at communicating basic concepts and models of industrial organization theory. For the most part, game-theoretic methods are the appropriate means. These methods are conveyed to the students in this course.

Learning Outcome

At the end of the module students will be able to apply basic concepts and models of industrial organization, utilizing i.a. game-theoretic methods, and to assess competition policy measures. The imparted methods should moreover enable participants to evaluate and design firms' decisions in strategic competition.

Preconditions

WI000021 "Economics I (Microeconomics)"

Courses, Learning and Teaching Methods and Literature

Courses and Schedule

ArtSWSTitelDozent(en)Termine
VO 2 Industrieökonomik (WI000102) Montag, 16:45–18:15
UE 2 Übung zur Vorlesung Industrieökonomik (WI000102) Dienstag, 11:30–13:00

Learning and Teaching Methods

The module consists of a lecture and an exercise course. The lecture and exercise content will be conveyed to the students by means of a verbal presentation. The course aims at encouraging students to independently deliberate the economic problems, which are discussed in the lecture and in the relevant literature.

Media

text books, script, exercises

Literature

Cabral, L. (2000): Introduction to Industrial Organization. Cambridge: MIT Press.

Module Exam

Description of exams and course work

Students receive credit for the course by passing an exam (written, 120 minutes). The examination is designed to assess the participants' capabilities to apply economic theory in order to discuss and solve problems of industrial organization within limited time and without auxiliary means. Participants should demonstrate their capacity for abstraction (thinking in economic models) and concretization (interpreting and applying the results of the model). The examination questions refer to the content of the lecture and the exercise course. The questions can be answered in German or English language.

Exam Repetition

There is a possibility to take the exam in the following semester.

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