ECC4840 - Industrial organisation
6 points, SCA Band 3, 0.125 EFTSL
Undergraduate, Postgraduate Faculty of Business and Economics
Leader(s): Dr Dyuti Banerjee
Offered
Clayton Second semester 2009 (Day)
Australia (Other) Second semester 2009 (Off-campus block of classes)
Synopsis
Theories of the firm, contract, property rights structure, market structure, hierarchy, bargaining, principal-agent relationship, research and development, advertising, and entry, exit, and pricing strategy. The equilibrium implications of the internal organisation of a firm and the organisational structure of the market in relation to strategic interactions between agents, information problems and related incentive mechanisms. Basic game theory and concepts of game equilibrium applied to the analysis of opportunistic behaviour and related transactions costs.
Assessment
Within semester assessment: 30%
Examination (3 hours): 70%
Contact hours
3 hours per week
Prerequisites
ECC2830
Prohibitions
ECC5484