Industrial Organization (ECON 330)

2021 Spring
Faculty of Arts and Social Sciences
Economics(ECON)
3
6.00 / 6.00 ECTS (for students admitted in the 2013-14 Academic Year or following years)
Esra Durceylan Kaygusuz esradk@sabanciuniv.edu,
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English
Undergraduate
ECON201 ECON301 ECON204
Formal lecture,Interactive lecture,Recitation
Interactive,Discussion based learning,Case Study
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CONTENT

Perfect competition; monopoly; price discrimination; oligopoly; markets for homogeneous and differentiated products; strategic behaviour and entry barriers; advertising; quality; vertical relations; network effects; competition law and policy.

OBJECTIVE

The purpose of this course is to review the modern theory of industrial organization and competition policy. The main topics include monopoly, price discrimination, oligopoly and collusion, vertical restraints, mergers, predatory conduct, network economics, and introduction to competition policy in the EU and Turkey

LEARNING OUTCOME

On completion of the course, students are expected to
a) analyze and write a report on the cases handled by the Competition Authority of Turkey by combining their theoretical knowledge with the real life issues regarding the case while trying to identify the anti-competitive action the defendants have (allegedly) conducted,
b) analyze the decision process of firm behavior under less than competitive conditions,
c) analyze the many theoretical and practical issues regarding the regulation of markets and the implementation of competition policy,
d) compare the descriptions of the EU and Turkish regulatory and antitrust policymaking systems.

ASSESSMENT METHODS and CRITERIA

  Percentage (%)
Final 30
Exam 30
Homework 30
Other 10

RECOMENDED or REQUIRED READINGS

Readings

Luis Cabral, Introduction to Industrial Organization, MIT Press, 2000.