Economics and Industrial Organization

Code:

1EC206

Acronym:

EOI

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2021/2022 - 2S

Active?	Yes
Responsible unit:	Agrupamento Científico de Economia
Course/CS Responsible:	Bachelor in Economics

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
LECO	408	Bologna Syllabus since 2012	2	-	6	63	162

Teaching language

Portuguese and english

Objectives

The conceptual approach adopted in the course of Industrial Organization comes essentially from the neoclassical economic paradigm, in which formal modelling of the economic structure and determination of the associated economic incentives are stressed. Students will be able to understand and assess the working and the performance of real markets according to the normative and positive theories of the dominant economic paradigm.

Learning outcomes and competences

Students will be able to analyze and evaluate the performance of markets and business strategies. Furthermore, they may, through the discussion of case studies to know, best, business activity and the competitive level of real markets.

Working method

Presencial

Program

1. Introduction. Perfect competition, monopoly and market power 2. Production Technology and Market Structure. 3. Theories of Business Strategy in Oligopoly Markets. 4. Monopoly Power and Predatory Conduct. 5. Collusion and Cartels. 6. Mergers. 7. Vertical Relations and Restraints. 8. Advertising. 9. Economic Regulation.

Mandatory literature

L. Pepall, D. Richards e G. Norman; Industrial Organization - Contemporary Theory and Empirical Applications - 5ª ed, Wiley, 2014. ISBN: 978 1 118 25030 3

Complementary Bibliography

Celeste Varum, Hélder Valente, Joana Resende, Micaela Pinho, Paula Sarmento, Sílvia Jorge; Economia Industrial - Teoria e Exercícios Práticos - 2ª Edição, Edições Sílabo, 2018. ISBN: 978-972-618-933-6
Luís Cabral; Economia Industrial, McGraw-Hill , 1994
Pedro Pita Barros; Exercícios de Economia Industrial, McGraw-Hill, 1998. ISBN: 972-8208-86-2

Teaching methods and learning activities

Theoretical and Applied Classes.

keywords

Social sciences > Economics > Microeconomics

Evaluation Type

Distributed evaluation without final exam

Assessment Components

Designation	Weight (%)
Participação presencial	0,00
Teste	100,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Estudo autónomo	103,50
Frequência das aulas	58,50
Total:	162,00

Eligibility for exams

There is no attendance control in the class.

Calculation formula of final grade

The result of the evaluation by tests will be equal to the weighted average of the results of the two tests. First test values 25% and second test 75% of the final grade. When the students opts by final exam the mark will be that of the final exam. 

Classification improvement

2nd exam

Observations

One of the classes will be taught in English.