[ 572ECONINOK20 ] KS Industrial Organization

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Workload Education level Study areas Responsible person Hours per week Coordinating university
3 ECTS B2 - Bachelor's programme 2. year Economics Franz Hackl 2 hpw Johannes Kepler University Linz
Detailed information
Pre-requisites (*)KS Einführung in die Volkswirtschaftslehre KS Einführung in die Mikroökonomie
Original study plan Bachelor's programme Economics and Business 2021W
Objectives Students will learn to apply base concepts of industrial economics as a basis for economic management decisions from an economic point of view and assess and evaluate the resulting implications on the welfare in goods markets.
Subject The base concepts in industrial economics will be further developed and deepened. The course will explore market structures and market power as well as techonological developments, monopoly positions, and its pricing.

What is the role of product variation? What are the characteristics and consequences of bundling, tie-in and complementary goods? Equally important are permanent goods, inefficiency and the race for monopoly benefits. In addition, the Cournot oligopoly, Bertrand oligopoly and the Stackelberg model will be discussed. The formation of cartels and mergers also plays a role.

Criteria for evaluation Examinations
Methods Lecture and in-class discussions
Language German
Study material Main Reading: Lynne Pepall, Daniel J. Richards, George Norman (2005): Industrial Organization: Contemporary Theory and Practice, Third Edition, Thomson, South-Western.

Similar Reading: Dennis W. Carlton, Jeffrey M. Perloff (2005): Modern Industrial Organization, Fourth Edition, Pearson, Addison Wesley.

Challenging: Jean Tirole (1988): The Theory of Industrial Organization, MIT Press.

Changing subject? No
Further information -
On-site course
Maximum number of participants 200
Assignment procedure Assignment according to priority