INDUSTRIAL ECONOMICS

Course Information
TitleΒΙΟΜΗΧΑΝΙΚΗ ΟΙΚΟΝΟΜΙΚΗ / INDUSTRIAL ECONOMICS
CodeΔΟ14
FacultySocial and Economic Sciences
SchoolEconomics
Cycle / Level2nd / Postgraduate
Teaching PeriodSpring
CoordinatorKonstantinos Papadopoulos
CommonNo
StatusActive
Course ID100001215

Programme of Study: PPS Administration and Economy (2013-today)

Registered students: 13
OrientationAttendance TypeSemesterYearECTS
Economic and Regional DevelopmentElective Courses216
International and European EconomicsElective Courses216
Class Information
Academic Year2016 – 2017
Class PeriodSpring
Faculty Instructors
Weekly Hours3
Class ID
600068181
Course Type 2016-2020
  • Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
  • Face to face
Digital Course Content
Language of Instruction
  • Greek (Instruction, Examination)
Prerequisites
General Prerequisites
Good knowledge of Microeconomic Theory and Game Theory.
Learning Outcomes
The course aims to familiarize students with the methods and models used by economists to analyze industries. After the end of the semester, the student should have understood and be able to analyze using models of industrial economics: • the relationship between market structure and pricing and prosperity • strategic pricing and non-pricing behavior of firms • pricing in vertically separated and integrated firms and welfare effects • strategic vertical interdependence of firms and the impact of vertical contracts on consumer prices • the conclusions of the models for competition policy or antitrust
General Competences
  • Apply knowledge in practice
  • Retrieve, analyse and synthesise data and information, with the use of necessary technologies
  • Make decisions
  • Work in teams
  • Work in an international context
  • Work in an interdisciplinary team
  • Generate new research ideas
  • Be critical and self-critical
  • Advance free, creative and causative thinking
Course Content (Syllabus)
The course studies market structures characterized by the presence of monopoly power. We present the basic oligopoly model with homogeneous or differentiated products (monopoly / cartel, Cournot, Bertrand, Stackelberg), strategic issues regarding linear and non-linear pricing, price discrimination, measurement of monopoly power and concentration in an industry, vertical and horizontal mergers and their impact on the market structure and the degree of monopoly power. Particular emphasis will be given to the theory of vertical relations between firms (e.g. supplier-retailer). Competition policy in the EU.
Keywords
oligopoly models, non-linear pricing, price discrimination, vertical relations, mergers, competition policy
Educational Material Types
  • Notes
  • Slide presentations
  • Book
Use of Information and Communication Technologies
Use of ICT
  • Use of ICT in Course Teaching
  • Use of ICT in Laboratory Teaching
  • Use of ICT in Communication with Students
Description
Educational materials such as slides presented during the course, exams, solutions exercises, information or announcements will be posted exclusively on Elearning, https://elearning.auth.gr. The student may download and print relevant files from any computer or from the library of the Department. The website is updated on a weekly basis.
Course Organization
ActivitiesWorkloadECTSIndividualTeamworkErasmus
Lectures80✓✓
Tutorial16✓✓
Interactive Teaching in Information Center10✓✓
Project21✓
Exams3
Home exercises20
Total150
Student Assessment
Description
final written exam (70%), assignment (30%).
Student Assessment methods
  • Written Assignment (Summative)
  • Performance / Staging (Summative)
  • Written Exam with Problem Solving (Summative)
Bibliography
Course Bibliography (Eudoxus)
P. Belleflamme and M.Peitz 2016 Οργάνωση, Αγορές και Στρατηγικές, Εκδόσεις «σοφία» 2016
Additional bibliography for study
P. Belleflamme and M.Peitz 2010 Industrial Organization Markets and Strategies, Cambridge University Press ISBN: 9780521681599 J. Church and R. Ware, Industrial Organization: A Strategic Approach, first edition, McGraw-Hill, 2000, το οποίο διατίθεται δωρεάν στην ιστοσελίδα http://works.bepress.com/jeffrey_church/23 υπό την προϋπόθεση της αποδοχής των όρων χρήσης που αναγράφονται στην πρώτη σελίδα του βιβλίου. • N. Boccard, Industrial Organization: A Contract Based Approach, 2010, διατίθεται δωρεάν στην ιστοσελίδα http://nboccard.wordpress.com/download/ • Jean Tirole, The Theory of Industrial Organization, MIT Press, 1988 είναι σημείο αναφοράς στα περισσότερα θέματα που θα πραγματευτούμε και θα το χρησιμοποιήσουμε επικουρικά. • Industrial Organization: Contemporary Theory and Practice (with Economic Applications) by Lynne Pepall, Daniel J. Richards, and George Norman (Hardcover - Aug 26, 2004) • Industrial Organization: Theory and Practice (3rd Edition) (Addison Wesley Series in Economics) by Don E. Waldman and Elizabeth J. Jensen (Hardcover - Jul 25, 2006) • Introduction to Industrial Organization by Luis M. B. Cabral (Hardcover - Aug 21, 2000) • Modern Industrial Organization (4th Edition) (Addison-Wesley Series in Economics) by Dennis W. Carlton and Jeffrey M. Perloff (Hardcover - May 13, 2004) • Industrial Organization: Theory and Applications by Oz Shy (Paperback - Jan 17, 1996) • The Economics of Industrial Organization by William G. Shepherd and Joanna Mehlhop Shepherd (Paperback - Aug 2003) • A Readings in Industrial Organization (Blackwell Readings for Contemporary Economics) by Luis M. Cabral (Paperback - May 1, 2000) • Advanced Industrial Economics by Stephen Martin (Hardcover - Sep 1, 2001) • Cabral Luis, Βιομηχανική Οργάνωση, Εκδόσεις Κριτική, 2003 • Waldman D. και E. Jensen, Βιομηχανική Οργάνωση, Θεωρία και Πράξη, Τόμος Ι, Εκδόσεις Παρίκος 2006 • Βέττας Ν. – Γ. Κατσουλάκος, Πολιτική Ανταγωνισμού και Ρυθμιστική Πολιτική, Εκδόσεις Τυπωθήτω - Γ.Δαρδανός 2004 Η σχετική επιστημονική αρθρογραφία θα καταχωρείται στο elearning κάθε εβδομάδα
Last Update
16-02-2017