(Revised November 2002)
Code: UPEN4C-15-M Title: Industrial Economics Version: 1
Level: M UWE credit rating: 15 ECTS
credit rating: 7.5
Module type: Standard
Owning Faculty: HLSS Field: Economics
Valid from: September 2004 Discontinued from:
Pre-requisites: None
Co-requisites: None
Excluded combinations: None
Learning outcomes:
At
the end of the module, you should:
·
Have an understanding of theories of the firm to an
advanced level (Components A & B)
·
Have an understanding of theories of industrial
structure, growth and innovation to an advanced level. (Components A & B)
·
Have a advanced knowledge and understanding of the
applied literature in industrial economics (Components A & B)
·
Have a critical understanding of the debates within
industrial economics (Components A & B)
Syllabus outline:
·
Theories of the firm
·
Modelling oligopolistic interaction
·
Market concentration and barriers to entry
·
Structure conduct performance paradigm
·
Product differentiation, horizontal differentiation and advertising
·
Size and Growth
·
Technology and innovation
·
Small Firms
·
Case studies
Teaching and learning
methods:
Lectures
and seminars will complement each other. Seminars are a vital part of the
teaching programme in which students will be encouraged to actively
participate. The content of the lectures will provide the necessary background
knowledge for the focus of discussion in seminars. Analysis presented in the
lecture will be augmented through the discussion of important journal articles
in the subsequent seminar.
Indicative sources:
Martin,
Stephen, 2000, Advanced Industrial
Economics, Blackwell.
Tirole, J., 1988, The Theory of
Industrial Organisation, MIT Press.
Oz Shy, 1996, Industrial
Organisation: Theory and Applications, MIT Press.
Cabral, LMB, 2000, Introduction
to Industrial Organisation, MIT Press.
Cabral, LMB, 2000, Readings
in Industrial Organisation, Blackwell.
Students will be expected
to draw upon current articles from journals including:
Journal of Industrial
Economics
International Journal of
Industrial Organisation
Applied Economics
Journal of Economic
Perspectives
Assessment
Weighting between
components A and B (standard modules only)
A: 50% B: 50%
ATTEMPT 1
First Assessment
Opportunity
Component A
Description of each element Element
weighting
1. Unseen
exam, 2 hours 50%
Component B
Description of each element Element
weighting
1. Individual
coursework assignment of up to 2000 words 50%
Second Assessment
Opportunity (further attendance at taught classes is/is not required)
Component A
Description of each element Element
weighting
1. Unseen
exam, 2 hours 50%
Component B
Description of each element Element
weighting
1. Individual
coursework assignment of up to 2000 words 50%
SECOND (OR SUBSEQUENT)
ATTEMPT: Attendance at taught classes is not required.
Specification confirmed
by ………………Module approved at VARSC
13.05.04.
Date ……………………………
(Associate Dean/Programme
Director)