Syllabus
Registration via LPIS
| Day | Date | Time | Room |
|---|---|---|---|
| Wednesday | 03/11/20 | 02:30 PM - 04:30 PM | TC.4.17 |
| Thursday | 03/12/20 | 09:00 AM - 11:00 AM | TC.4.17 |
| Thursday | 03/12/20 | 03:30 PM - 05:30 PM | TC.4.17 |
| Wednesday | 03/18/20 | 02:30 PM - 04:30 PM | TC.4.17 |
| Thursday | 03/19/20 | 09:00 AM - 11:00 AM | TC.4.17 |
| Thursday | 03/19/20 | 03:30 PM - 05:30 PM | TC.4.17 |
| Wednesday | 03/25/20 | 02:30 PM - 04:30 PM | TC.4.17 |
| Thursday | 03/26/20 | 03:30 PM - 05:30 PM | TC.4.17 |
| Wednesday | 04/01/20 | 02:30 PM - 04:30 PM | TC.4.17 |
| Thursday | 04/02/20 | 03:30 PM - 05:30 PM | TC.4.17 |
| Wednesday | 04/15/20 | 02:30 PM - 04:30 PM | TC.4.17 |
| Thursday | 04/16/20 | 03:30 PM - 05:30 PM | TC.2.02 |
| Wednesday | 04/22/20 | 02:30 PM - 04:30 PM | TC.4.17 |
| Thursday | 04/23/20 | 03:30 PM - 05:30 PM | TC.4.17 |
| Wednesday | 04/29/20 | 02:30 PM - 04:30 PM | TC.4.17 |
| Wednesday | 05/06/20 | 02:30 PM - 04:30 PM | Online-Einheit |
| Thursday | 05/07/20 | 03:30 PM - 05:30 PM | Online-Einheit |
| Wednesday | 05/13/20 | 02:30 PM - 04:30 PM | Online-Einheit |
| Thursday | 05/14/20 | 03:30 PM - 05:30 PM | TC.1.02 |
| Wednesday | 05/20/20 | 02:30 PM - 04:30 PM | Online-Einheit |
| Wednesday | 05/27/20 | 02:30 PM - 04:30 PM | Online-Einheit |
| Thursday | 05/28/20 | 03:30 PM - 05:30 PM | Online-Einheit |
| Wednesday | 06/03/20 | 02:30 PM - 04:30 PM | Online-Einheit |
| Thursday | 06/04/20 | 03:30 PM - 05:30 PM | Online-Einheit |
| Wednesday | 06/10/20 | 02:30 PM - 04:30 PM | Online-Einheit |
| Wednesday | 06/17/20 | 02:30 PM - 04:30 PM | Online-Einheit |
| Thursday | 06/18/20 | 03:30 PM - 05:30 PM | Online-Einheit |
| Thursday | 06/25/20 | 09:00 AM - 11:30 AM | Online-Einheit |
Industrial organization (IO) is the branch of Microeconomics that is concerned with the study of imperfect competition (i.e. the functioning of markets with few competitors). The presence of a small number of competitors creates situations of strategic interactions among market participants. The course will explore a wide range of possible market structures as well as competitive and cooperative firm strategies in oligopolistic markets with entry barriers, differentiated products, and/or imperfect information.
IO economists seek to explain a number of important questions including the following: Do firms have market power and how can we find out? Why do firms merge and why do mergers come in waves? What are the economic consequences of mergers and why do so many mergers fail? Why do firms collude and why do cartels occur in some sectors more often than in others? Does competition promote (product) innovation and improve the product quality? How can firms profitably give away free products? Why do companies (like Microsoft and Google) tie different products together and why do competition authorities impose heavy fines for using strategy. Do consumers benefit from privacy (the fact that firms do not know their characteristics, preferences and behaviour)? Why did firms in the IT business (Facebook, Amazon, ...) grow so incredibly fast? What is so specific about "information products"?
After completing this course, students will have a good knowledge of the most important theories and models of industrial organization. They will be able to apply them to real world issues and questions of economic policy relevance.
- Attendance is compulsory. Students can be absent during 2 units, beyond that a confirmation of severe reasons for absence is requested.
- Students cannot be deregistered from the course after archieving accomplishments in one of the course's components.
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