Course Page

Firms, Market Structures, and Strategy

Course Number:

73365


Faculty

Yaroslav Kryukov, kryukov@andrew.cmu.edu


Program

Undergraduate Economics


Concentrations

B.A. in Economics, B.S. in Economics, B.S. in Economics and Statistics, B.S. in Economics and Mathematical Sciences, Additional Major in Economics, Additional Major in Economics and Statistics, Minor in Economics


Course Description

This course is concerned with the economic analysis of industrial markets that are not perfectly competitive. The effects of imperfect competition on firms’ decisions (pricing, location, advertising, research and development, among others) are reviewed. Implications of these effects in terms of public policy are also discussed from a variety of perspectives. Finally, applications to actual markets are considered. The course will teach you to analyze inter-firm competition and interactions, given the features of specific industries.  Minimum grade standard of "C" applies only to economics courses.

Format

Lecture: 160min/wk


Textbook

L. Cabral, "Introduction to Industrial Organization", MIT Press, 2000.


Pre-requisites

(21120 OR 21256) AND (73100) AND (73230)