This subject provides an overview of selected topics in industrial organisation. Industrial organisation deals with the structure, management and performance of firms and markets. The main emphasis will be on theoretical principles although there will be some discussion of empirical approaches. Topics to be covered include the theory of the firm, monopoly and durable goods, price discrimination, oligopoly pricing, product choice, dynamic price competition and tacit collusion, search and market intermediaries, signalling and limit pricing, product differentiation, advertising, entry and exit, research and development, and vertical relationships between firms. -- Course Website
Prerequisites: Admission into BH-COM or BH-ARTS (Economics) and Subject Study Period Commencement: Credit Points: ECON40001 Advanced Microeconomics Semester 1 12.50
