INDUSTRIAL ECONOMICS
| Title | ΒΙΟΜΗΧΑΝΙΚΗ ΟΙΚΟΝΟΜΙΚΗ / INDUSTRIAL ECONOMICS |
| Code | ΠΜΟΕ4 |
| Faculty | Social and Economic Sciences |
| School | Economics |
| Cycle / Level | 2nd / Postgraduate |
| Teaching Period | Spring |
| Common | No |
| Status | Inactive |
| Course ID | 600014580 |
Programme of Study: PMS STA OIKONOMIKA (2018-sīmera) (PF)
Registered students: 0
| Orientation | Attendance Type | Semester | Year | ECTS |
|---|---|---|---|---|
| KORMOS | Elective Courses | 2 | 1 | 6 |
| Academic Year | 2018 – 2019 |
| Class Period | Spring |
| Class ID | 600113498
|
| Deleted | Yes |
Course Type 2016-2020
- Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
- Face to face
Digital Course Content
- e-Study Guide https://qa.auth.gr/en/class/1/600113498
- At the Website of the School: http://users.auth.gr/kpap/indexfiles/ie/ie.htm
- eLearning (Moodle): https://elearning.auth.gr/course/view.php?id=5305
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 an international context
- Work in an interdisciplinary team
- Generate new research ideas
- 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
- Multimedia
- 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 announcementswill 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
| Activities | Workload | ECTS | Individual | Teamwork | Erasmus |
|---|---|---|---|---|---|
| Lectures | 99 | ✓ | ✓ | ||
| Reading Assigment | 36 | ✓ | ✓ | ||
| Interactive Teaching in Information Center | 12 | ✓ | ✓ | ||
| Exams | 3 | ||||
| Home exercices | 30 | ✓ | ✓ | ||
| Total | 180 |
Student Assessment
Description
Final written exam 100%
Student Assessment methods
- Written Exam with Problem Solving (Summative)
Bibliography
Course Bibliography (Eudoxus)
Paul Belleflamme & Martin Peitz, Βιομηχανική Οργάνωση, Αγορές και Στρατηγικές, Εκδόσεις «σοφία», 2016, κωδικός στον «Εύδοξο» 50658715
•Κατσουλάκος Ιωάννης, Θεωρία Βιομηχανικής Οργάνωσης, Εκδόσεις Γ.Δαρδανός-Κ. Δαρδανός Ο.Ε., έκδοση 2η 2015, κωδικός στον «Εύδοξο» 41959109 •Pepall L. - Richards D. -
Norman G, Βιομηχανική Οργάνωση, 5η Εκδοση 2015, Εκδόσεις Α. Τζιόλα & Υιοί, κωδικός στον «Εύδοξο» 50655970
Additional bibliography for study
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 Blackboard κάθε εβδομάδα
Last Update
28-11-2017
