Бакалавриат
2023/2024
Теория отраслевых рынков
Статус:
Курс по выбору (Совместная программа по экономике НИУ ВШЭ и РЭШ)
Направление:
38.03.01. Экономика
Где читается:
Факультет экономических наук
Когда читается:
4-й курс, 1, 2 модуль
Формат изучения:
без онлайн-курса
Охват аудитории:
для своего кампуса
Язык:
английский
Кредиты:
6
Контактные часы:
80
Course Syllabus
Abstract
Industrial organization is the study of how firms compete in markets. It is the study of
imperfectly competitive markets, involving the use of game theory to understand strategic
interactions between competing businesses. In the first part of the course we will learn the basic
economic models that provide insight into the behavior of consumers and firms. While this
course is entirely theoretical, the understanding of oligopolistic behavior is crucial for economic
consultancies.
In the second part of the course we will focus on the topics that are most important for antitrust
(competition) policy. In particular, we will analyze horizontal mergers, vertical relations and
collusion. In each part we will consider a basic model and its variations, look at few notable cases
and talk about relevant antitrust policy.
The lectures will finish with a glimpse into Behavioral Industrial Organization – a hot research
topic nowadays.
In the end of the course we will have student presentations of important antitrust cases from
Russia, EU and US. I will provide some cases to present but students are welcome to find their
own that have not found yet their way to the literature such as the recent Android case in which
European Commission fined Google for €4.34 billion
Learning Objectives
- The main objective of the course is to familiarize students with major topics in modern industrial organization (IO), and in parallel, illustrate methodological tools for conducting research in IO and more broadly in applied microeconomic theory. The main focus will be on theoretical issues
Expected Learning Outcomes
- Knows basic concepts and theoretical models of industrial organization
- Knows how to model and study strategic firm behavior;
- Is able to read and critically analyze scientific articles on industrial organization;
- Is able to formulate his/her own research questions
- Has skills of critical discussion of the main topics in modern industrial organization
Bibliography
Recommended Core Bibliography
- Belleflamme, P., & Peitz, M. (2010). Industrial Organization : Markets and Strategies. Cambridge, UK: Cambridge eText. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=324082
- Kwoka, J. E., & White, L. J. (2008). The Antitrust Revolution: Economics, Competition, and Policy. Oxford University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.oxp.obooks.9780195322972
- Oz Shy. (1996). Industrial Organization: Theory and Applications. The MIT Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.mtp.titles.0262691795
Recommended Additional Bibliography
- Drew Fudenberg, & Jean Tirole. (1991). Game Theory. The MIT Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.mtp.titles.0262061414
- Spiegler, R. (2011). Bounded Rationality and Industrial Organization. Oxford University Press. Retrieved from https://www.oxfordscholarship.com/view/10.1093/acprof:oso/9780195398717.001.0001/acprof-9780195398717?rskey=5TevFd&result=1