Industrial Organization
Code
1112
Academic unit
null
Department
null
Credits
7,5
Teacher in charge
Vasco Santos
Teaching language
English
Objectives
To teach Industrial Organization.
Prerequisites
Microeconomics
Subject matter
Market structure: extent of a market, concentration and volatility measures. Oligopoly models: dominant firm and monopolistic competition; Bertrand, Cournot and Stackelberg; dynamic models. Market power: collusion (static and dynamic analyses).
Barriers to entry: scale economies, strategic behavior; entry and welfare. Mergers and acquisitions: horizontal mergers, vertical integration. Price discrimination: definitions and examples.
Bibliography
Teaching method
Evaluation method
The final grade will equal the weighted average of the grades obtained in the midterm and final exams according to the following weights:
- Midterm- 40%
- Final- 60%