Economics and Industrial Organisation

Code:

LEC303

Acronym:

EOI

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2004/2005 - 1S

Active?	Yes
Web Page:	http://www.fep.up.pt/disciplinas/LEC303
Responsible unit:	Grupo de Economia
Course/CS Responsible:	ECONOMICS

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
ECO	671	Official Curricular Structure since 2004	3	3		-

Objectives

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

Program

1. Introduction.
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.

Main Bibliography

Pepall, L., D. Richards and G. Norman, (2002), Industrial Organization: Contemporary Theory and Practice, 2nd ed., South-Western Thomson Learning.
Church, J. and R. Ware, (2000), Industrial Organization: A Strategic Approach, McGraw-Hill.
Cabral, L. (1994), Economia Industrial, McGraw-Hill.
Pitta Barros, P. (1998), Exercícios de Economia Industrial, McGraw-Hill.

Complementary Bibliography

Mata, J. (2002), Economia da Empresa, Fundação Calouste Gulbenkian.

Teaching methods and learning activities

Theoretical and Applied Classes.

Evaluation Type

Evaluation with final exam