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, RandD, price discrimination, vertical integration. Welfare and policy issues will be discussed with the help of applied theory and empirical approach. In this respect recent journal articles will be used to analyse the concepts. -- Course Website
Instructor: Dr Mita Bhattacharya
Prerequisites: ECF4100 or ECC4650 or equivalent and ECF4200 or ECC4660 or equivalent