ECF5040 - Industry economics - 2019

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate - Unit

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


Business and Economics

Organisational Unit

Department of Economics

Chief examiner(s)

Dr Mita Bhattacharya


Dr Mita Bhattacharya

Unit guides



  • Second semester 2019 (Evening)


ECF5927 or ECC5900 or equivalent.


Students must be enrolled in course B6001.


ECC4840, ECC5484.


The unit develops and examines the theoretical and empirical relationships between the structure of industries, the behaviour of enterprises and market performance. The fundamental principles are applied to the advanced analysis of various forms of firms' interaction: entry deterrence, collusion, product differentiation, advertising, research and development and pricing strategies. Welfare and policy issues will be discussed with the help of applied theory and empirical research. In this respect recent journal articles and research reports in analysing various concepts and issues.


The learning goals associated with this unit are to:

  1. analyse critically the major issues and debates in the field of applied industry economics
  2. comprehend the structure, conduct and performance of firms and markets
  3. analyse critically different policy aspects of any industry
  4. understand the dynamics of industry including the role of innovation, research and development and entrepreneurship
  5. develop skills in analysing any industry; identifying the structure, competitive behaviour, overall performance and major policies.


Within semester assessment: 55% + Examination: 45%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information