Industrial Organization, 7.5 credits

Industrial Organization, 7.5 hp

730G96

Main field of study

Economics

Course level

First cycle

Course type

Single subject and programme course

Examiner

Peter Andersson

Course coordinator

Peter Andersson

Director of studies or equivalent

Linnea Tengvall

Available for exchange students

Yes

Contact

Åsa Carmesten, study advisor

Kostas Mitropoulos, International coordinator

ECV = Elective / Compulsory / Voluntary
Course offered for Semester Weeks Language Campus ECV
Single subject course (Full-time, Day-time) Autumn 2021 202144-202148 English Linköping, Valla
Single subject course (Full-time, Day-time) Autumn 2021 202144-202148 English Linköping, Valla

Main field of study

Economics

Course level

First cycle

Advancement level

G1F

Entry requirements

  • At least one year (60 ECTS credits) of full-time undergraduate studies with at least 30 ECTS credits in Economics or equivalent
  • English corresponding to the level of English in Swedish upper secondary education (English 6/B)
    (Exemption from Swedish)

Intended learning outcomes

After completion of the course the students should be able to:
-analyze how markets work with focus on industries characterized by imperfect competition
-describe the meaning of market structure and what determines the market structure in different industries
-apply microeconomic theory on the analysis of the strategy of firms in different industries
-explain the possibilities and problems with the regulation of markets with imperfect competition, have knowledge about liberalization processes particularly in Sweden and be able to suggest different regulatory measures to correct for market failures.

Course content

The students’ abilities to analyze markets by studying the interaction between different markets’ basic conditions, market structure and firm strategies and the result on market performance will be developed. Microeconomic theory will be applied to understand how the market actors behave strategically under different market structures and the effects on important variables indicating market efficiency. Public regulation will be in focus. Theories on regulation including basic competition law will be presented. Experiences from liberalization processes, particularly in Sweden will also be presented.

Teaching and working methods

Teaching will be in the form of lectures, combined with seminars where the students’ have to prepare different tasks in advance. Self-studies are a necessary in addition to the teaching in class. Language of instruction: English and/or Swedish.

Examination

Examination will be in the form of group PM during the course, active participation in seminars and a final, individual home-exam at the end of the course. Detailed information can be found in the study guide. 

If the LiU coordinator for students with disabilities has granted a student the right to an adapted examination for a written examination in an examination hall, the student has the right to it. If the coordinator has instead recommended for the student an adapted examination or alternative form of examination, the examiner may grant this if the examiner assesses that it is possible, based on consideration of the course objectives.

Students failing an exam covering either the entire course or part of the course twice are entitled to have a new examiner appointed for the reexamination.

Students who have passed an examination may not retake it in order to improve their grades.

Grades

ECTS, EC

Other information

Planning and implementation of a course must take its starting point in the wording of the syllabus. The course evaluation included in each course must therefore take up the question how well the course agrees with the syllabus. 

The course is carried out in such a way that both men´s and women´s experience and knowledge is made visible and developed.

Department

Institutionen för ekonomisk och industriell utveckling
Code Name Scope Grading scale
EXA1 Examination 6 credits EC
SEM1 Seminar 0.5 credits EC
SEM2 Seminar 0.5 credits EC
SEM3 Seminar 0.5 credits EC

Books

Carlton, Dennis W., Perloff, Jeffrey M., (2015) Modern industrial organization 4. ed. Global edition 2015

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