Undergraduate, Postgraduate - UnitECC4840 - Industrial organisation

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

Level	Undergraduate, Postgraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Economics
Offered	Clayton Second semester 2014 (Day)
Coordinator(s)	Dr Dyuti Banerjee

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.

Outcomes

The learning goals associated with this unit are to:

be familiar with the modern developments of the theory of industrial organisation
enhance their knowledge of intermediate microeconomics by incorporating information and endogenous transaction costs into analysis
undertake theoretical and empirical research in the field of industrial organisation.

Assessment

Within semester assessment: 30%
Examination: 70%

Chief examiner(s)

Dr Dyuti Banerjee

Workload requirements

Minimum total expected workload equals 144 hours per semester

Prohibitions

ECC5484, ECX5484